td_bank_notes
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today | 2023-05-26
Taking the money out of the bank is a pain.
- ACH push to a different bank takes 3 business days.
- Transfer limits from TD Bank checking
- per transfer - $2,500
- daily - $3,000
- rolling 30-day limit - $5,000
- Transfer limits from TD Bank savings
- per transfer - $2,500
- daily - $3,000
- rolling 30-day limit - $5,000
From the customer service reps → tech department:
- It is not possible to override these limits.
- TD bank uses Fiserv to do the external transfers.
- Fiserv is not same as ACH.
- You cannot do ACH transfers from their website.
today | 2023-07-26 Depositing money into the account is also painful.
- Deposited a check on 7/20 (Thu). It was still pending on 7/26 (Wed). Apparently, they hold the funds for 6 business days.
- Compare this with Capitalone where it takes 1-2 business days for the funds to be fully available. Deposited a check on 7/17 (Mon) and it was fully available on 7/19 (Wed).
td_bank_notes.1690404003.txt.gz · Last modified: 2023/07/26 20:40 by raju