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TD Bank is currently experiencing an issue with direct deposits that is affecting customers in its Western and Eastern regions. The bank has not provided a timeline on a potential fix, but says it is working as quickly as possible to resolve the issue. TD spokesperson Mick Ramos told CBC News that any fees incurred due to missing direct deposits will be refunded once the issue is resolved.
According to CP24 News, TD Bank has acknowledged the technical problem affecting direct deposit payments, primarily impacting customers in Western Canada. In a statement, TD Bank said We’re aware of an issue causing delayed direct deposit payments to some customers, .
TD Bank has also confirmed they are “aware of” the issue and have “escalated” the issue and initiated further investigation. The extent of the issue is not known, though users of the website DownDetector flagged hundreds of issues on Friday .
TD Bank Group is currently experiencing technical difficulties with its direct deposit system, causing delays in customers receiving their payments. The issue has resulted in a flood of concerns from account holders on social media, who are worried about their ability to pay bills and the negative impact on their credit scores . TD Bank has not yet provided a timeline for when the issue will be resolved .
In general, your direct deposit posts to your account on the business day it is scheduled to be credited by the bank. A business day is every day, except Saturdays, Sundays and federal holidays. Should your direct deposit be scheduled for a non-business day, your deposit will be made on the first business day after that date .