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What is Interac e-Transfer Autodeposit?

Autodeposit is a convenient feature that saves you time; the money you receive using Interac e-Transfer^® can automatically be deposited into your account without requiring you to sign-in to the TD app or EasyWeb. There's no need to go through the security Q&A process.

Recurring deposits, auto-deposits. To start your Auto-Deposit to invest quicker: Open the sidebar menu; Tap on Banking; Tap on Auto deposit then Get Started; Check how much your investment can grow potentially then Hit Next; Choose a frequency - Weekly, Twice a month, Monthly, Quarterly.

Quick – It's easy to receive your benefit by Direct Deposit. You can sign up online at Go Direct®, by calling 1-800-333-1795, in person at your bank, savings and loan or credit union, or calling Social Security. A taxpayer can deposit their refund into one, two or even three accounts to help with retirement or savings. IR-2018-90, April 10, 2018 — With the tax deadline just around the corner, the IRS reminds taxpayers that making an electronic direct deposit of their refund into a bank or other account is the fastest way to get their money. Send Money Anytime. Want to send money to your child, landlord or a friend? Send an Interac e-Transfer anytime through RBC Online Banking or the RBC Mobile app. Easier than cheques and more secure than cash, Interac e-Transfer is free 1 for RBC clients.

Setting up Autodeposit is easy and only requires a one-time registration. You just need to choose one or more email addresses to receive notifications and a TD account where the funds can be deposited. Any e-Transfers sent to the registered email address will automatically be deposited to the designated TD account.

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Auto Deposit

If you have Autodeposit: Both the sender and you, as the recipient, will be notified once the transaction has been processed. There's no need for you to answer a security question.

If the person you're sending money to has Autodeposit: Again, both you, as the sender and the recipient will be notified once the transaction has been processed. You won't have to enter a security question.

Fees

There is no fee to set up Autodeposit.

Maximum Setups

Auto Deposit Coinbase

A TD personal bank account can be linked to a maximum of 5 different email addresses to receive Autodeposits; eligible business accounts can accommodate up to 100 email addresses.

Auto Deposit Fidelity

However, an email address can only be registered for Autodeposit to one bank account. If you try to register an email address that is already registered for Autodeposit on another account, you will have the option to switch the account that the Autodeposit is registered to.