Q: How much does it cost to send a wire transfer with TD Canada Trust?
A: TD Canada Trust charges over $30 to send a wire transfer.
The larger amount you try to send, TD Canada Trust will charge you a larger fee. We’re not sure why.
- For amounts less than $10,000, senders are charged a minimum of $30.
- For amounts $10,001 to $50,000, senders are charged a minimum of $50.
- For amounts greater than $50,000, senders are charged a minimum of $80.
Don’t be surprised if your transfer costs significantly more as you may also be charged a fee by the receiving bank or any intermediary banks. For example, TD actually charges you $17.50 to access any money sent to you through a wire transfer too!
Plooto makes transfers quick and easy (as they should be)
Plooto lets you send/receive domestic transactions for only $1 or less (and to the U.S. for $9.99). That’s it – no other fees on the sender or the receiver!
Further, as cloud-based payments platform, Plooto puts an end to you having to wait in the bank line or urgently collect signatures. Now, you can make transactions anytime, anywhere.
And once a transaction is made, Plooto automatically reconciles with QuickBooks or Xero.
It is completely free to sign up with no monthly fees.