How long will TD bank direct deposits hit my bank account?
This question is often asked by users who are expecting some funds in their TD bank account.
So if you are one of those users, stay glued to this post and pay attention to details so you know when to expect your TD bank direct deposits.
Take for instance if a deposit is received before 3:00 p.m or before the close of work on Monday, your funds will be available by 9:00 a.m. on the next business day.
But if a deposit is received after the end of the banking hours on Monday, it will be processed the next business day, and the money will be available at the start of the next banking day.
Still, the big question is;
What time does TD bank direct deposit hit?
In as much as you pass on your payroll two business days before the paycheck date, the receiving bank will be able to access the deposit at about 5 pm on the date of the paycheck.
On the other hand, it will be posted on the next banking day if the payday falls on a non-banking day.
The money is deposited into the employee’s account at the receiving bank’s discretion.
Employees should call their banks to find out when direct deposits are made and when they are posted to their accounts.
In most cases, the money is accessible to you on the date specified by your depositor for direct deposits or electronic funds transfers.
These deposits are processed at various times overnight, and you can use the funds for card purchases and ATM withdrawals once the processing is done.
On pages 38-41 of TD personal deposit account agreement, you’ll find out more information about TD funds availability policy as well as when you’ll be able to access your deposits.
If you’ve just started receiving direct deposits from your company and haven’t gotten one yet, keep in mind that direct payments typically take 1-2 payment cycles to commence.
Employers will typically test the account with a zero-dollar deposit to ensure that all of your account information is valid.
You can reach out to them on phone via 888-751-9000 if you have further questions you will want to ask a member of the support team directly.
Alternatively, you can stop by any of TD locations in your locality.
You can also leave a comment here if you got lost in the course of reading this post.
We’ll be glad to assist further.