• Discussion Fanatics

    Business Day* Deposits

    In most cases, funds are available the business day following your date of deposit. (For example, if you make a deposit at noon on Monday, the funds will be available on Tuesday.) When you deposit a check after 8:00 p.m. ET on a business day, the date of deposit is the next business day.

  • Discussion Fanatics

    A. Transfers are processed throughout the day in 30-minute intervals, until the daily cutoff time of 2:30 p.m. CT.

    is Saturday a business day for TD? Weekends are not considered regular business days. Should a holiday processing day fall on a Monday, transactions performed on the prior Saturday and Sunday, and on the holiday processing day Monday, will be dated Tuesday, which is the next business day.

    Considering this, what time does a banking day start?

    Every bank runs a process called End of Day followed by Start of Day in their Core Banking System. Depending on the bank, the process can start either at 8 PM or 10 PM or 1 AM of the following day. During this process, the accruals, liquidations, settlements, financial GL consolidation, interest computation happens.

    What is the end of the business day for TD Bank?

    The end of a Business Day varies by store but it is no earlier than 8 p.m. EST. Deposits may not be available next business day. Please refer to Business Deposit Account Agreement for complete details. Combine business checking and one personal checking account balance to meet the minimum daily balance requirement.

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