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    Direct Deposit

    Uploaded by

    Hakar Qadir Gardi
    This document provides instructions for setting up direct deposits and pre-authorized debits for a TD Canada Trust bank account. It outlines the steps to set up direct deposit with the federal government or an employer, which involves completing a form with account details and mailing or submitting it. It also describes how to set up a pre-authorized debit by obtaining an agreement from the company to debit payments and providing account information. Customers can use a Visa debit card instead of account details for easier pre-authorized debit setup with companies that accept Visa.

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    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd

    Direct Deposit

    Uploaded by

    Hakar Qadir Gardi
    622 views1 page
    This document provides instructions for setting up direct deposits and pre-authorized debits for a TD Canada Trust bank account. It outlines the steps to set up direct deposit with the federal government or an employer, which involves completing a form with account details and mailing or submitting it. It also describes how to set up a pre-authorized debit by obtaining an agreement from the company to debit payments and providing account information. Customers can use a Visa debit card instead of account details for easier pre-authorized debit setup with companies that accept Visa.

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    This document provides instructions for setting up direct deposits and pre-authorized debits for a TD Canada Trust bank account. It outlines the steps to set up direct deposit with the federal government or an employer, which involves completing a form with account details and mailing or submitting it. It also describes how to set up a pre-authorized debit by obtaining an agreement from the company to debit payments and providing account information. Customers can use a Visa debit card instead of account details for easier pre-authorized debit setup with companies that accept Visa.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    622 views1 page

    Direct Deposit

    Uploaded by

    Hakar Qadir Gardi
    This document provides instructions for setting up direct deposits and pre-authorized debits for a TD Canada Trust bank account. It outlines the steps to set up direct deposit with the federal government or an employer, which involves completing a form with account details and mailing or submitting it. It also describes how to set up a pre-authorized debit by obtaining an agreement from the company to debit payments and providing account information. Customers can use a Visa debit card instead of account details for easier pre-authorized debit setup with companies that accept Visa.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
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    TD Canada Trust

    Info Sheet
    How to Set up Direct Deposits or Pre-Authorized Debits

    Customer Name
    TAK DETAIL INC. TAK DETAIL INC.

    Transit No. Inst. No. Account No.


    0 0 4 4 0 0 0 4 5 2 3 5 9 9 9

    You can find your branch address information on your cheques or by using our branch locator tool:
    www.tdcanadatrust.com/locator

    Direct Deposit
    Direct Deposit is the most convenient way to receive recurring deposits (i.e. pay, pension, government payments, annuity,
    interest, etc.) with immediate access to funds. There are no holds on your funds or a need for special trips to your local branch
    or ATM to deposit your cheques.

    To set up a Direct Deposit with the federal government:


    1. Visit www.directdeposit.gc.ca for a Government of Canada Direct Deposit enrolment form and use your account
    information from the fields above when completing the form.
    2. If you do not have a cheque to void, have your local TD Canada Trust branch stamp the enrolment form.
    3. Once complete, mail the enrolment form to the address provided.
    Note: Additional information may be required on the form such as your Social Insurance Number or date of birth. The form
    includes a toll free number for support with completing the form.

    To set up a Direct Deposit with your employer:


    1. Provide your account information from the fields above to the payroll department of your employer or company pension
    provider.

    Pre-Authorized Debit (PAD)


    A Pre-Authorized Debit (PAD) is an automatic withdrawal taken directly from your TD Canada Trust account by a company or
    financial institution that you have authorized to do so. PAD is a great way for you to save time with bill payments (i.e. utilities,
    credit cards) you pay by mail, at the ATM, in branch or by phone; and may help you avoid late fees.

    To set up a PAD:
    1. Call or visit the website of the company you wish to set up a Pre-Authorized Debit (PAD) with to obtain a PAD
    Agreement and use your account information noted from the fields above when completing the Agreement.
    2. If the company allows for online form submission on its website, you will need to first register for its website and
    should follow the instructions provided.
    Note: If your billing company accepts Visa Debit in Canada (or Visa internationally) and you have the enhanced TD Access
    Card, setting up a PAD will be easier than ever! Simply provide them with the card's 16 digit number in place of the
    account information noted above.

    Reminder: If you are setting up a Direct Deposit or Pre-Authorized Debit to a Tax Free Savings Account other conditions
    apply. Only the TFSA Holder may make contributions to the account. It is the responsibility of the TFSA Holder to ensure that
    no contribution exceeds the maximum permitted under applicable tax legislations. Penalty taxes may apply on
    over-contributions. For further details, please contact the Canada Revenue Agency.
    523218 (1122)

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