TD Bank International Wire Transfer: Fees, Rates & Limits [2025 Guide]
If you live on the East Coast of the United States, you’re probably familiar with the green TD Bank logo. With over $440 billion in assets and operations in 15 states and Washington D.C., it is one of the 10 largest banks in the United States in terms of total deposits. Even though approximately 9.6 million customers rely on TD Bank, they may not be the best option for international transfers.
This article will provide you with everything you need to know about TD Bank international transfers, including how much it costs, how long it takes and how to make a transfer abroad with TD Bank.
Plus, we will also look at some less expensive, easier to use, and faster alternatives such as Wise or OFX. So, let’s get started.
Key points: TD international wire transfer
- Limits: TD Bank does not publicly disclose a maximum transfer limit for international wire transfers.
- Sending money: International wire transfers can only be sent in person at a TD Bank branch for a $50 USD fee.
- Receiving money: Incoming international wire transfers to a TD Bank account are subject to a $15 USD fee.
- Exchange rate: TD Bank applies its own exchange rate, which includes a markup over the mid-market rate, making transfers potentially more expensive.
- Speed of transfer: International wire transfers with TD Bank typically take 3-5 business days..
- Alternatives: Specialist providers like Wise, OFX, and Remitly often offer lower fees, better exchange rates, and faster, more convenient transfers than banks without you having to visit a branch.
TD Bank international money transfer comparison
As a subsidiary of a Canadian bank, you might think TD Bank would be the best bank for sending money from the US to Canada, but this may not always be the case.
Let’s take a closer look and break down the costs. When it comes to international money transfer, you need to look at the total cost of your transaction. That includes the standard fee the banks have, plus the exchange rate mark-up. To get a clearer picture, let’s take a look at how much it would cost to send 1,000 USD to Canada with TD Bank and a few alternative providers:
| Provider | Transfer time | Total cost |
|---|---|---|
| TD Bank | 3-5 business days | 50 USD + exchange rate markup |
| Wise | Instant – 2 working days | $5.76 |
| WorldRemit | Up to 2 working days | $2.99 + exchange rate markup |
| OFX | Same day – 3 working days | No fee + exchange rate markup |
Information correct as of 26th February 2025
As you’ll have seen from the table, sending money internationally with TD bank can be more expensive and can take longer than with other providers.
Usually, banks and providers add a mark-up to the offered exchange rate, or there may be unexpected commissions from third party financial institutions involved in your international money transfer. All these can only make transferring money abroad more expensive for you.
Comparing more providers when you send money abroad should give you the best option for your international money transfer needs.
For example, Wise is one of the few providers in this table that transparently shows the full fees for the comparison and uses the mid-market exchange rate with no added mark-up.
TD Bank international wire transfer fees
TD Bank only allows international wire transfers to be sent in person at a branch and charges fees for both incoming and outgoing international wire transfers. Here’s a breakdown of what you can expect:
| Type of wire transfer | Fee |
|---|---|
| Incoming wire transfer (domestic & international) | $15 USD |
| Outgoing wire transfer (domestic) | $30 USD |
| Outgoing wire transfer (international) | $50 USD |
Information correct as of 26th February 2025
There may be additional costs, such as fees charged by intermediary banks or fees charged to the recipient when they receive their funds.
Remember that fees may vary depending on where you’re sending money to, what type of account you have and other terms and conditions stipulated by the bank.
TD Bank exchange rate
TD Bank sets their own foreign exchange rates, which includes a markup over the mid-market rate, and is different from what you might see on Google. These are based on multiple factors, including interbank exchange rates, the amount of foreign currency being purchased, whether the transaction involves physical cash, and the associated risks and costs of handling foreign currency.
This means your transfer may end up costing you more than anticipated, and even small variations can significantly affect the amount your recipient receives. For instance, a difference of just 1% on a $1,000 transfer equates to $10, which can add up over multiple transactions.
Most of the providers add a margin to the exchange rate offered to their clients but the percentage is very important, as it determines the total amount your recipient gets.
There are also some providers, such as Wise, which use the mid-market exchange rate and don’t add any mark-ups to it. In exchange, they charge a low, transparent fee, which is always visible before you make the transaction.
That’s why it’s important to consider both the transfer fees and the exchange rate to understand the total cost of your international money transfer.
Price comparison for sending $1,000 USD to Euros:
- TD Bank: $50 transfer fee + exchange rate markup
- Wise: $5.48 transfer fee + mid-market exchange rate (no markup)
- Remitly: $1.99 transfer fee + exchange rate markup
- WorldRemit: No transfer fee + exchange rate markup
- OFX: No transfer fee + exchange rate markup
TD Bank additional fees
International wire transfers are carried out using the SWIFT network. This is a secure network established to standardize international financial transactions.
With SWIFT, your money travels between countries, but it usually doesn’t travel directly from sender to receiver. Often there are intermediary banks involved. With additional banks come additional fees.
If your money has to go through these intermediary banks, they will levy their own fees in addition to the $50 charged by TD Bank.
You might be able to choose whether you, the recipient, or a combination are responsible for paying them, but the fees can add up, making it an expensive way to transfer smaller amounts.
Need a cheaper alternative?
Even if you are a TD Bank customer, there are other ways to transfer money internationally that can save you time and money. Specialist providers can often offer lower fees, better exchange rates and faster transfers, all while letting you complete the entire process online from wherever you happen to be in the world.
Below is a comparison table to help you evaluate your options:
| Provider | Coverage | Fees | Exchange rate | Speed | Limits |
|---|---|---|---|---|---|
| TD Bank | Over 60 countries | $50 (outgoing) | Exchange rates include a markup | 3-5 business days | Not disclosed |
| Wise | 140+ countries, or 70+ currencies | Starting from 0.57% | Mid-market exchange rate | Instant – 6 days | 1,000,000 USD per local ACH transfer 6,000,000 USD per local wire transfer when paying from your USD balance 1,600,000 USD per international Swift transfer |
| Remitly | 70+ countries and 100+ currencies | Depends on the amount sent and speed of transfer
| Exchange rates include a markup | Express payments can be instant, Economy payments can take several days | 25,000 USD |
| WorldRemit | 130+ countries | Varies by country & method | Exchange rates include a markup | Most transfers are instant, but some transfers may take longer depending on the receive method. | Varies based on the country you’re sending to and payment option |
| OFX | 50+ currencies to 170+ countries | No fee for USD transfers | Exchange rates include a markup | 1-3 business days | No limits |
| TorFX | 40 currencies and 12+0 countries | No fee | Exchange rates include a markup | Same day – 2 working days | No limits |
Information correct as of 26th February 2025.
Wise
- Low, upfront fees starting from 0.57%
- Mid-market exchange rate
- Instant – 60%+ of transfers are instant, and 80%+ of transfers are delivered in less than an hour
Wise conversion fees start from 0.57% and are based on the amount you send, how you pay, and the country you’re sending to. Their rates are transparent, so you’ll see exactly how much it will cost before you send your money on its way.
You can send international transfers to 140+ countries. Wise converts funds using the mid-market rate, with low conversion fees.
Remitly
- Fees depending on the amount sent and speed of transfer
- Express delivery is faster but costs more
- Markup added to the the mid-market exchange rate
With Remitly, the fee depends on how much money you transfer and how fast you want it delivered. Express delivery is faster but costs more.
The Economy fee is lower, but the money takes longer to get there. Create an account to see how much your transfer will cost.
WorldRemit
- Fee depends on the country you send from, the recipient’s location as well as the transfer method
- Markup added to the the mid-market exchange rate
- Transfers are complete in minutes to up to 2 days
The fees charged by WorldRemit depend on the country you’re transferring to, the country you’re located in, and which method of transfer you choose, including bank deposits, mobile wallets, and cash pickup.
They have a price calculator on their website, so you can see upfront how much the fees would be and what the exchange rate is for your currency combination.
OFX
- No fee for USD transfers
- Markup added to the the mid-market exchange rate
- Transfers take 1-2 days
OFX adds a markup to the mid-market exchange rate. Any other fees will depend on the country you’re sending money to, but there is no transfer fee when sending money from the US.
The exchange rates are available on their website, but you’ll need to open an account to see the final cost of your transfer.
Learn more – OFX Review
TorFX
- Low fee
- Markup added to the mid-market exchange rate
- Transfers are completed either on the same day but can take up to two working days if you’re sending money to a more exotic destination.
TorFX offers fee-free international money transfers and adds a markup to the mid-market exchange rate. Their rates are typically better than those of a brick-and-mortar bank.
Open an account or request a quote to get an idea of the rates they use.
How long does an international money transfer with TD Bank take?
An international wire transfer is a payment made from your bank account to the recipient’s bank account. These international transactions are typically made via the SWIFT network if you choose the services of a bank.
It takes about 3-5 business days for the transfer to go through with TD Bank.
TD Bank is not able to offer an expedited transfer option, as the money passes through various institutions beyond their control.
Need a faster alternative?
What if you need to send money quickly? A medical emergency, for example. Or a family member who needs money instantly. You won’t want to wait five days for your loved ones to get the help they need. Here a few options that can get your money there faster:
- Wise – 60%+ of transfers are instant, and 80%+ of transfers are delivered in less than an hour
- TorFX – same day up to 2 business days
- OFX – within 1-3 business days
- Remitly – Express payments can be instant, Economy payments can take several days
- WorldRemit – within minutes up to 2 business days
TD international transfer limits
After thorough research, we did not find details regarding TD Bank’s international wire transfer limits and they are not publicly disclosed on their official website. Transfer limits can vary based on factors such as account type, transfer destination, and individual customer profiles.
For precise and up-to-date information, it’s recommended to contact a TD Bank representative directly.
Need to send a larger transfer?
For large international payments, such as property purchases, business transactions, or investments, specialist providers often offer higher limits, lower fees, and better exchange rates than banks. Here are some alternatives that may be more cost-effective for sending large amounts:
Wise
Ideal for large personal and business transfers, Wise supports up to $6,000,000 USD per local wire transfer and $1,600,000 USD per international SWIFT transfer. (More information on Wise limits here)
Wise also offers discounted rates for high-value transfers, making it even more affordable to move large sums of money internationally. If you send over £20,000 (or the equivalent in USD) in a calendar month, you’ll automatically receive a discounted rate.
Discounts start at 0.1% for amounts over 20,000 GBP and increase with volume. This discount applies when you convert between two currencies, like USD to EUR and applies automatically when converting between currencies.
Here’s how much you could save:
| Transfer value (in GBP or equivalent currency) | Discount (%) |
|---|---|
| 0–20k | No discount |
| 20k–300k | 0.1 |
| 300k–500k | 0.15 |
| 500k–1m | 0.16 |
| 1m+ | 0.17 |
Learn more on – How to send large amounts of money overseas with Wise
OFX
A good option for very large transfers (like purchasing a property abroad) OFX has no maximum limits on how much you can send and doesn’t charge transfer fees on USD transactions.
TorFX
Best suited for high-value international payments, with no transfer limits and competitive exchange rates. TorFX also provides dedicated account managers to assist with large transactions.
Remitly
Supports transfers up to $25,000 USD, with Express and Economy options that allow you to prioritize either speed or cost. Learn more on Remitly transfer limits.
Fees and exchange rates vary based on destination and payment method.
WorldRemit
Limits depend on the destination and payment method and most transfers are processed instantly or within a few hours.
Large amount transfers with TD Bank
At this moment in time, TD Bank doesn’t publicly disclose its transfer limits. If you need to send a high-value international transfer, you’ll need to contact TD Bank directly to confirm the maximum amount allowed for your account and destination.
How to send a high amount transfer with TD Bank
TD Bank only allows international wire transfers in person at a branch, and cannot be sent online, via mobile banking, or over the phone.
To make a high-value transfer, you’ll need to head to your nearest TD Bank branch and provide your recipient’s details, including their full name and address, account number, branch number and address, institution number and SWIFT code, BIC or IBAN.
You can send money in over 60 foreign currencies, and your recipient should receive the funds within 3-5 business days.
Pros and cons of transferring money abroad with TD Bank
| TD Bank international transfer pros | TD Bank international transfer cons |
|---|---|
| ✅ Secure: TD Bank is part of the SWIFT network, ensuring a standardized and secure way to send and receive money globally. ✅ Face-to-face service: If you prefer speaking with a banker in person, you can visit a branch to get assistance with your transfer. ✅ No minimum or maximum amount: The fee is the same whether you transfer $500 or $5,000. ✅ Convenient currency conversion: TD Bank converts your funds before sending, so the recipient knows the exact amount they’ll receive. | ❌ High fees: With a $50 outgoing transfer fee, plus exchange rate markups and potential third-party bank charges, TD Bank can be costly for international transfers. ❌ No online transfers: TD Bank does not allow international wire transfers via online banking or the mobile app |
How to make an international transfer with TD Bank
First of all, you have to be a TD Bank account holder. In order to initiate an international transfer, you’ll have to visit your local TD Bank branch office. Before you send the money, you’ll have a chance to review the fees and exchange rate.
At the moment, it’s not possible to make an international transfer online with TD Bank if you’re a US customer.
Alternatives to send an international wire transfer online with TD Bank
Unlike TD Bank, which requires you to visit a branch in person to send an international wire transfer, these providers allow you to transfer money online from anywhere – even when you’re traveling.
- Wise: Send money to 140+ countries, or 70+ currencies with low fees starting from 0.57% and the mid-market exchange rate.
- OFX: Covers 50+ currencies in 170+ countries, no transfer fees on USD transactions, but applies a markup on the exchange rate.
- TorFX: Available in 40+ currencies and 120+ countries, no transfer fees, but exchange rates include a markup.
- Remitly: Operates in 70+ countries with 100+ currencies, offers a flat $1.99 fee (USD to EUR), and applies an exchange rate markup.
- WorldRemit: Supports 130+ countries, fees vary by destination and transfer method, and exchange rates include a markup.
What information do you need to make an international transfer with TD Bank?
As the wire transfer has to be set up during a visit to your local branch, you’ll need to show up with all the necessary details.
Here’s what you need:
- BIC/SWIFT
- IBAN or account number of the recipient
- Recipient’s full name
- Recipient’s address
- Recipient bank’s address
Additional information or fraud checks may be required. Make sure to check with your bank before you go.
TD Bank SWIFT code: NRTHUS33XXX
The SWIFT code is a unique identifying code assigned to TD Bank in order to facilitate financial transactions between institutions in the SWIFT network all over the world. This code is necessary to ensure your transfer makes it to the right location
How to receive an international transfer with TD Bank
Receiving an international wire transfer into your TD Bank account is simple. All you need to do is provide the sender with the following bank details:
The account holder’s name: Your full name as it appears on your TD Bank account.
Account number: Your TD Bank account number.
TD Bank’s wire transfer details:
- Bank name: TD Bank, N.A.
- Bank address: 2035 Limestone Road, Wilmington, DE 19808, USA.
- ABA routing number: 031101266.
- SWIFT code: NRTHUS33XXX.
Confirm currency details: Specify whether the transfer will be in US dollars or another currency. TD Bank will handle the currency conversion if needed.
International wire transfers typically take 3-5 business days to be credited to your TD Bank account but weekends, holidays, and differences in time zones can affect processing times and cause potential delays.
TD Bank international transfer receiving fees
| Incoming wire fees | |
|---|---|
| Incoming wire (domestic & international) | $15.00 |
TD Bank SWIFT code for wire transfer
The SWIFT code for TD Bank USA is: NRTHUS33XXX
A SWIFT code is a unique identifier used by banks worldwide to facilitate international wire transfers. Providing the correct SWIFT code ensures that funds make it to the right location and bank.
TD Bank international routing number
| Routing number | 031101266 |
TD Bank address to receive wire transfer:
| Bank | Address |
|---|---|
| TD Bank | 2035 Limestone Road, Wilmington, DE 19808, USA |
TD Bank international business payments
TD Bank offers international business transfers through their worldwide network of correspondent banks. Wire transfers can be made in US dollars or in foreign currency.
The fee schedule depends on what type of business account you hold. Fees may also vary depending on what country you’re sending money to and the terms and conditions of your agreement. Some banks may even allow you to negotiate a more favorable rate or give you special discounts for being a long-term customer or initiating larger transactions.
TD Bank business fees
| Service | Business Convenience Checking Plus | Business Premier Checking |
|---|---|---|
| Coverage | Not stated | Not stated |
| Minimum Deposit to Open | $100 | $200 |
| Monthly Maintenance Fee | $25 (waived with $1,500 combined minimum daily balance with one TD personal checking account) | $30 (waived with $40,000 combined balances, active TD Merchant Solutions, TD Digital Express, or TD Small Business Loan/Line of Credit) |
| Incoming wire (domestic and international) | $15.00 | $15.00 |
| Outgoing wire (domestic) | $30.00 | $30.00 |
| Outgoing wire (international) | $50, plus exchange rate, taxes and correspondent fee(s) | $50, plus exchange rate, taxes and correspondent fee(s) |
Information correct as of 26th February 2025.
Countries to send money with TD Bank
TD Bank allows international wire transfers to over 60 countries, including:
Aruba, Australia, Bahamas, Bahrain, Bangladesh, Barbados, Benin, Bermuda, Botswana, Brazil, British Virgin Islands, Bulgaria, Burkina Faso, Cambodia, Canada, Cayman Islands, Chile, China, Colombia, Costa Rica, Côte D’Ivoire, Czech Republic, Denmark, Dominican Republic, Egypt, Ethiopia, European Union, Ghana, Guatemala, Guinea, Guinea-Bissau, Honduras, Hong Kong, Hungary, Iceland, India, Israel, Jamaica, Japan, Jordan, Lebanon, Macao, Mauritius, Mexico, New Zealand, Nicaragua, Nigeria, Norway, Peru, Poland, Romania, Saudi Arabia, Senegal, Singapore, South Africa, South Korea, Sri Lanka, Sweden, Switzerland, Taiwan, Thailand, Togo, Trinidad and Tobago, Tunisia, Turkey, United Arab Emirates, United Kingdom, Uruguay, Vietnam, and Yemen.
TD Bank contact information
If you need any help with international wire transfers or want to make a general banking inquiry, you can contact TD Bank through the following channels:
| Service | Contact information |
|---|---|
| General Assistance | 1-888-751-9000 (Available 24/7) |
| Cross-Border Banking Support | 1-877-700-2913 (Available 24/7) |
You can also scan the QR code on the TD Bank contact page for in-app support or ask the virtual assistant on the TD Bank website for quick answers to common questions.
TD Bank customer service
TD Bank offers multiple customer service options to assist with inquiries, including personal banking needs and international wire transfers. Support is available 24/7 through various channels in English and Spanish.
Phone support:
General assistance: 1-888-751-9000 (Available 24/7)
Cross-border banking support: 1-877-700-2913 (Available 24/7)
Credit card support: 1-888-561-8861
In-person assistance:
Book an appointment online to meet with a banking specialist over the phone or at a TD Bank branch.
Online and mobile support:
Use the TD ASAP feature in the TD Bank app for virtual assistance or visit the TD Bank website for a virtual assistant that provides quick answers.
Conclusion: Is TD Bank right for you?
TD Bank might be the right bank for you if you’re located on the East Coast of the United States, as you would have to visit a branch office in person if you want to transfer money internationally. If you travel a lot or make frequent international transfers, you may find the lack of online options inconvenient and might want to explore other options.
TD Bank is a secure option for sending money, but the fees incurred during a SWIFT transfer can add up quickly. Plus, on top of the $50 fee for the transfer, there’s also an additional markup on the exchange rate if you need to send currency other than USD.
Domestic transfers are easier to handle online with TD Bank, but when it comes to making international payments, you’ll have to think about your individual needs when choosing a bank.
It’s always worth comparing a range of providers before sending money overseas with a bank, as there are likely to be cheaper and quicker options available. If you’re looking for faster, more affordable, and fully online alternatives, providers like Wise, OFX, or WorldRemit may be a better fit. They typically offer lower fees, better exchange rates, and quicker processing times than banks, meaning you’re more likely to get a better deal.
TD Bank international bank transfer FAQs
How do I transfer money from TD Bank into someone else’s account?
Depends where that account is located. If you are looking to send internationally, you’ll have to visit a branch office to initiate an international wire transfer. You’ll need the recipient’s name and address and the receiving bank’s address and BIC/SWIFT code. If you don’t use online banking, then a domestic wire transfer would be done in the same way. For transfers within the United States, it’s much easier to enroll in online banking and use Send Money with Zelle.
How much does an international transfer cost with TD Bank?
The base fee for an outgoing international wire transfer is $50. However, this doesn’t take into account the exchange rate markup or any fees assessed by intermediary banks involved in the SWIFT transfer. Furthermore, the recipient may be charged an additional fee to receive a wire transfer.
How long does an international transfer take with TD Bank?
An international transfer typically takes 3-5 business days, depending on the currency you’re sending and the country you’re sending to.
Can I transfer money to a card with TD Bank?
With TD Bank’s online banking system, you can transfer between different TD accounts or from a TD account to your external accounts. For example, you can transfer between savings and checking to make funds available on your debit card. They also use Send Money with Zelle to make it quick and easy to pay or request payments from friends and acquaintances.
Can I open an account with TD Bank as a foreigner?
You can open a TD account if you are a foreigner, but you won’t be able to do it online if you don’t have a social security number, and will have to go in-person to a local branch. To open a bank account with TD bank as a foreigner you’ll need a passport and a US mailing address (bring a piece of mail as proof)
