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Td bank
 

I know some say its good, others don't. Can you share pleas

Re: Td bank
 

TD sometimes has problems with mismatch names, chase & boa are better

Re: Td bank
 

TD is becoming more challenging especially on the personal side. Business side has its own issues as well.

Re: Td bank
 

If it shows "completed" on Paypal's side when doing a transfer, is it safe to assume it went through?

Re: Td bank
 

No that just means it was sent to the Bank, and from there the Bank has the funds and Banks that won't accept mismatched funds will sometimes freeze the account until you call in, or they will just send the funds back to PayPal and that will take another 2-3 business days

Re: Td bank
 

Learn this quickly.

Never put assume and paypal and a funds transfer in the same sentence.

Hurts too much if anything gets reversed.

:pout:

Re: Td bank
 

So has it worked recently for anyone?

Re: Td bank
 

Works for me on the business side. I dont have personal accounts.

Re: Td bank
 

Its been working for me for around 7 months now without issue.

Re: Td bank
 

It works for me.

Re: Td bank
 

It ended up working for me.

Re: Td bank
 

I just did a withdrawal on Friday for my TD bank Canada operations - came in today.

Re: Td bank
 

I lost about $500 on deposits TD returned to a closed PP account. I had to get the money out because I knew the account was going to be limited and found out they returned the deposits for mismatched names after I had been using them for over a year. I was given no explanation other than they were not allowing mismatched names.

Re: Td bank
 

By td bank u mean td AMERITRADE right?? U can trade the market wit the funds ??

Re: Td bank
 

Td is alright, I'd suggest trying a small credit union in your town or city they usually will help you out more with things and sometimes have better rates.

Re: Td bank
 

TD bank and TD Ameritrade are the same company but totally different accounts.

Re: Td bank
 

Why do you guys think opening up more than 5 bank accounts at one bank is bad?

Also do you mean 5 at any one local bank or 5 at any one bank branch???

Re: Td bank
 

because it looks like serious money laundering when tom, dick, harry, moe, and TJ have hundreds of dollars flowing into crystals accounts :)

Re: Td bank
 

TD BANK works fine for me. Ameri Trade can work for funds transfer but not for verfiy.....so I have found.

Re: Td bank
 

Not true we are not looking for good rates here..LOL we are looking for a bank or financial institution that will accept ACH transfers in a mismatched name.

As a general rule a "small" local bank or financial institution will almost always NOT accept a transfer in a mismatched name as every transfer can be very closely looked at because there is a very small amount per day as compared to a larger bank such as BoA, Chase, Key, TD, and PNC (I know from a personal bank manager friend at BoA). Larger banks have just too many transactions per day to care unless they stand out (over 3k USD is the magic number) and or there is a reason to take notice which usually means a pattern of unusual activity or court order.

Re: Td bank
 

Big CJ your way of thinking is a product of post 911 government taking away your banking freedoms. Don't take offense as it's worked on many millions besides you.

Every government would want you to believe you are a guilty money launderer until proven innocent.

Now..if you think outside the box.... if you go to one bank branch you could in fact open actually more than 5 accounts.

For example:

Personal checking
(some banks such as Key Bank allow you to open and unlimited amount as long has they have more than a zero balance, you can do this online)

Personal savings

DBA checking

LLC checking
(how many LLC's do you want to create?)

Getting the picture? ;)

A business account such as an LLC is almost never questioned about transfers in and out and/or cash deposits. The reason being is that it is assumed that a 'business" will and needs to make these transactions, so attention is not paid to them.

On the other hand a PERSONAL account with many ACH transfers other than W-2 or 1099 income (for the US, apply whatever wage income is in your country) will eventually be looked at as this is considered "unusual activity".

With that being said to clarify your statement you would be more correct if you stated that "opening more that 5 PERSONAL accounts" in any one bank would be considered "unusual activity" the term Money Laundering is not used initially.

So, the safer yet more time consuming thing to is open bank accounts in the name of an LLC. You can still create your stealth accounts in a personal name and have your LLC account attached to PP. There are many times when a person will make an ACH transfer to a company's bank account to pay for goods or services, for example your monthly bills. This is considered by the banks as normal business and will not be questioned, and you still get the benifit of mismatched names without the scrutiny.

Re: Td bank
 

I have exactly one personal checking account.
Everything else is businesses. I don't have bank issues other than TD with some odd things they do from time to time.