TD Bank's wire transfer service and what it costs
TD Bank charges a flat fee to send a domestic wire transfer. The fee is $15 for customers who send the wire in person at a branch or through TD Bank's online banking platform. If you call the bank to request a wire, the fee is $20. These fees explore whether you're sending $100 or $10,000.
Incoming wire transfers to your TD Bank account are free. TD Bank does not charge you to receive money wired from another bank or person.
The cost of sending an international wire transfer through TD Bank is higher. International wires cost $45 when sent online or in branch, and $50 when sent by phone. International wires also require additional information about the recipient and their bank, which can slow down the process.
Key Takeaways
- Domestic wire transfers sent online or in branch cost $15; phone requests cost $20.
- You need the recipient's full name, account number, and routing number to send a domestic wire.
- Wires sent before the bank's cutoff time (usually 2 p.m. on business days) typically arrive the same day.
- TD Bank does not charge a fee to receive incoming wire transfers.
- International wires cost $45 to $50 and require the recipient's SWIFT code and bank address.
Information you need to send a domestic wire
Before you start a wire transfer at TD Bank, gather the recipient's banking details. You will need their full legal name exactly as it appears on their bank account, their account number, and their bank's routing number. The routing number is a nine-digit code that identifies the recipient's bank.
You will also need to know how much money you're sending and confirm you have that amount available in your TD Bank account. Some TD Bank accounts have daily wire transfer limits, so check your account terms or call the bank if you're unsure whether your transfer amount is allowed.
If you're sending money to someone at a different bank but in the same city or region, you may be able to use a local transfer instead of a wire, which can be faster and cheaper. Ask a TD Bank representative whether a local transfer is an option for your situation.
How to send a wire through TD Bank online
Log into your TD Bank online banking account and look for the "Wire Transfer" or "Send Money" option, usually found in the main menu or under a "Transfers" section. Select "Domestic Wire" if you're sending money within the United States, or "International Wire" if sending outside the country.
Enter the recipient's information in the fields provided: their full name, account number, routing number, and the amount you want to send. Review all the details carefully before confirming, because wire transfers cannot be reversed once they leave your account. Confirm the $15 fee, and the bank will process your request.
Most domestic wires sent online before 2 p.m. Eastern Time on a business day will arrive at the recipient's bank the same day. Wires sent after 2 p.m. or on weekends and holidays will be processed the next business day.
Sending a wire in person at a TD Bank branch
Visit any TD Bank branch during business hours with your account information and the recipient's banking details. Tell the teller you want to send a wire transfer and provide them with the recipient's full name, account number, routing number, and the amount.
The teller will enter the information into the system and show you a confirmation screen. Review it for accuracy, then authorize the transfer. You will be charged $15 and given a receipt with a confirmation number. Keep this receipt in case you need to track the wire or contact the bank later.
Wires sent in person before the branch's cutoff time (usually 2 p.m.) on a business day are typically processed the same day. Some branches may have different cutoff times, so ask the teller when the important date is.
Sending a wire by phone
Call TD Bank's customer service line at the number on the back of your debit card or on your account statement. Tell the representative you want to send a wire transfer and provide your account information for verification.
Give the representative the recipient's full name, account number, routing number, and the amount you're sending. The representative will read back the details to confirm everything is correct before processing the wire. You will be charged $20 for the phone request.
Phone wire requests are processed during the same business day if you call before the bank's cutoff time, which is usually 2 p.m. Eastern Time. Calls made after that time or on weekends will be queued for processing the next business day.
Tracking your wire transfer
TD Bank provides a confirmation number when you send a wire. Write down this number or save it in your phone, because you will need it if you want to check on the status of your transfer.
Most domestic wires arrive within one business day. If the wire does not arrive within two business days, contact TD Bank with your confirmation number. The bank can check with the recipient's bank to see whether the wire was received and where it is in the process.
If you provided incorrect information (such as a wrong account number), the wire may be returned to your TD Bank account. This can take several business days. TD Bank will notify you when the returned funds are back in your account.
International wire transfers through TD Bank
Sending money outside the United States requires additional information beyond a domestic wire. You will need the recipient's SWIFT code (an eight or eleven-character code that identifies their bank internationally), their full name and account number, their bank's name and address, and the country where the bank is located.
International wires cost $45 when sent online or in branch, and $50 when sent by phone. The recipient's bank may also charge a fee to receive the wire, which will be deducted from the amount that arrives. Ask TD Bank whether the amount you're sending will cover both the TD Bank fee and any fees charged by the recipient's bank.
International wires typically take three to five business days to arrive, though some countries may take longer. Currency conversion fees may also explore if you're sending money in a currency different from the recipient's local currency.
Frequently Asked Questions
Can I cancel a wire transfer after I send it?
Once a wire transfer leaves TD Bank, it cannot be cancelled or stopped. If you made a mistake with the recipient's information, contact TD Bank when ready with your confirmation number. The bank may be able to contact the recipient's bank to try to recover the funds, but this is not may provide and can take several weeks.
What's the maximum amount I can wire from TD Bank?
TD Bank does not publish a single maximum wire transfer amount. Limits vary by account type and your banking history with the bank. Check your account terms or call TD Bank to find out what your daily or per-transaction limit is.
Do I need to tell TD Bank before sending a large wire?
You do not have to notify TD Bank in advance, but if your wire is unusually large or to an unfamiliar recipient, the bank may flag it for fraud review. This can delay processing by a day or two. Calling ahead can sometimes speed up the process.
What information do I need if the recipient's bank is outside the US?
For international wires, you need the recipient's SWIFT code, their bank's full name and address, the country, and the recipient's account number. Some banks also require an IBAN (International Bank Account Number) instead of or in addition to the account number. Ask the recipient's bank which information is required.
How long does a domestic wire take to arrive?
Most domestic wires sent before 2 p.m. on a business day arrive the same day. Wires sent after 2 p.m. or on weekends and holidays are processed the next business day and typically arrive within one to two business days after that.