TD Canada Trust is one of the most widely used banks in the country, with over 1,100 branches stretching coast to coast. For many Canadians, TD is their first introduction to Interac e-Transfers, and the bank has made the feature accessible across every tier of its chequing accounts. That said, TD applies a layered set of transfer caps that work differently from what other Big Five banks enforce.
Here is a detailed breakdown of TD's Interac e-Transfer limits, the fees you should expect, and how to get more room when you need it.
In this guide
TD Interac e-Transfer Limits
TD applies four distinct caps to outgoing e-Transfers: a per-transaction limit, a daily limit, a weekly rolling limit, and a monthly rolling limit. All four must be satisfied before a transfer goes through. This layered approach means that even if you have not reached your daily cap, you could still be blocked by your weekly or monthly ceiling.
The standard per-transaction cap is $3,000, and your daily sending limit is also $3,000. Over a rolling seven-day window, you can send up to $10,000, and over 30 days, the ceiling is $20,000. These limits apply uniformly across all TD personal chequing accounts.
One detail worth noting: TD counts each rolling period from the time of the original send, not from midnight. So if you sent $3,000 at 2:00 PM on Monday, that amount frees up at 2:00 PM the following Monday for the weekly limit, not at midnight.
| Limit Type | Personal | Business |
|---|---|---|
| Per Transfer | $3,000 | $25,000 |
| Daily | $3,000 | $25,000 |
| Weekly (7 days) | $10,000 | — |
| Monthly (30 days) | $20,000 | — |
| Receiving (per transfer) | $25,000 | |
Limits shown are defaults for standard accounts and may vary by account type. Dash (—) means the bank does not publish a separate limit for that period. Last verified March 2026.
TD e-Transfer Fees
TD stands out among the Big Five for offering free outgoing e-Transfers on every personal chequing account, including the entry-level Minimum Chequing Account. At most other banks, free e-Transfers are reserved for mid-tier or premium plans -- Scotiabank charges $1.00 on its basic account and CIBC charges $1.50 -- which means TD customers on a budget get a genuine advantage here.
Receiving e-Transfers is also free at TD, regardless of account type. There is no charge for Autodeposit or for manually accepting a transfer with a security question.
One exception to be aware of: TD's "Request Money" feature, which lets you send a payment request to someone else's email or phone number, may carry a small fee on certain account plans. Check your specific account agreement for details, or confirm with TD directly before relying on the feature for regular invoicing.
Tip for freelancers and micro-business owners
Turn on Autodeposit in the TD app so client payments land in your account instantly. This removes the 30-day expiry window and means you never miss a payment because you forgot to accept it.
How to Increase Your TD e-Transfer Limit
TD does not currently offer a self-serve option in its app or online banking to raise your Interac e-Transfer limits, similar to BMO, which also requires a phone call. Instead, you need to contact the bank directly. Here are your options:
- Call TD at 1-866-567-8888. Ask to increase your Interac e-Transfer sending limits. The phone agent can review your account history and raise your daily, weekly, or monthly caps on the spot if you qualify.
- Visit a TD branch. A personal banker can adjust your limits in person. Bring government-issued ID, as they may need to re-verify your identity before making changes.
- Switch to a TD business account. TD business chequing accounts support significantly higher e-Transfer limits. If you regularly need to send or receive amounts above $3,000, this is the most reliable long-term solution.
Keep in mind that any increase is at TD's discretion and may depend on how long your account has been open and your transaction history.
TD Interac e-Transfer Not Working
If your TD e-Transfer is failing or stuck in a pending state, work through these common causes before contacting support:
- You have hit one of the rolling limits. Remember, TD enforces daily, weekly, and monthly caps. Even if your daily limit has room, your $10,000 weekly or $20,000 monthly ceiling may be exhausted. Check the "Transfer Limits" section in the TD app.
- Insufficient funds. TD draws the transfer amount immediately when you hit send. If your available balance is lower than the transfer amount (factoring in holds), the transfer will be declined.
- Incorrect recipient details. A misspelled email address or wrong phone number will prevent delivery. TD will notify you if the transfer could not be completed, but always double-check before sending.
- The recipient's Autodeposit is registered elsewhere. If the recipient has Autodeposit linked to a different email or bank, the money may route somewhere unexpected. Confirm their registered Autodeposit email before sending.
- Scheduled maintenance or outage. Interac performs periodic maintenance that can temporarily block all e-Transfers across every bank. Check interac.ca for current service status.
- Suspicious transfer. If an incoming e-Transfer looks fraudulent, do not accept it. See our guide on how to spot fake e-Transfer scams.
How Long Does a TD e-Transfer Take?
When the recipient has Autodeposit enabled, TD e-Transfers are typically deposited within a few minutes. Without Autodeposit, the transfer sits in a pending state until the recipient manually accepts it using the security question and answer you set. Pending transfers remain available for up to 30 days before they expire and the funds are returned to your account.
Occasionally, TD's fraud monitoring systems will flag a transfer for additional review, which can add anywhere from a few hours to a full business day. If a transfer has been pending on your end for more than 24 hours with no notification, contact TD at 1-866-567-8888.
Timing tip for business payments
If you invoice clients and they pay by e-Transfer, ask them to send payments during business hours on weekdays. Transfers sent late at night or on weekends are more likely to be flagged for review, which adds delay.
Stay on top of your e-Transfer income
Biller.ca parses your Interac e-Transfer notification emails and helps you track income, clients, and generate receipts. Built for Canadian small businesses.
Get Started FreeHow to Cancel a TD e-Transfer
You can cancel an outgoing e-Transfer as long as the recipient has not yet deposited or auto-deposited the funds:
- Open the TD app or log in to TD Online Banking (EasyWeb).
- Go to Transfers and find the pending e-Transfer under your transaction history.
- Select the transfer and tap Cancel.
The refund is usually returned to your account within a few minutes, though it can occasionally take up to one business day. If the recipient has Autodeposit turned on, the money is deposited the moment you send it, which means cancellation is not possible. You will need to contact the recipient directly to arrange a return.
TD Business e-Transfer Limits
TD business chequing accounts unlock substantially higher e-Transfer limits than personal accounts. If you are self-employed, a contractor, or operating a micro-business that regularly handles payments above $3,000, a TD business account removes the friction of constantly bumping into personal caps.
How TD Compares to Other Banks
TD's per-transaction limit of $3,000 is in line with most major Canadian banks, but its daily cap of $3,000 is more conservative than competitors like RBC, which allows up to $10,000 per day through mobile. Where TD distinguishes itself is on fees: free e-Transfers on every chequing account, including the lowest tier, is a meaningful advantage for cost-conscious users. Here is a full comparison:
| Bank | Per Transfer | Daily | Monthly | Fee |
|---|---|---|---|---|
| RBC | $3,000 | $10,000 | — | Free |
| TD (this page) | $3,000 | $3,000 | $20,000 | Free |
| Scotiabank | $3,000 | $3,000 | — | $1.00 |
| BMO | $3,000 | $3,000 | $20,000 | Free |
| CIBC | $3,000 | $3,000 | $30,000 | $1.50 |
| Tangerine | $3,000 | $3,000 | $20,000 | Free |
| Simplii Financial | $3,000 | $3,000 | $30,000 | Free |
| EQ Bank | $5,000 | $5,000 | $50,000 | Free |
| Wealthsimple | $5,000 | $5,000 | $30,000 | Free |
| National Bank | $4,000 | $4,000 | — | $1.25 |
| Desjardins | $5,000 | $5,000 | — | Varies |
| ATB Financial | $5,000 | $5,000 | $150,000 | Free |
Limits shown are defaults for standard personal accounts. See our complete bank comparison for full details. Last verified March 2026.
Frequently Asked Questions
What is the TD Interac e-Transfer limit?
TD sets a $3,000 per transaction limit with a daily cap of $3,000, a 7-day cap of $10,000, and a 30-day cap of $20,000 for standard personal chequing accounts.
Are TD e-Transfers free?
Yes. TD includes free e-Transfers on all chequing accounts, including the Minimum Chequing Account. The Request Money feature may carry a small fee on some plans.
How do I increase my TD e-Transfer limit?
Call TD at 1-866-567-8888 or visit any TD branch to request a limit increase. You may also qualify for higher limits by upgrading your account.
How long does a TD e-Transfer take?
With Autodeposit, transfers arrive within minutes. Standard transfers typically complete within 30 minutes, though processing can take longer in some cases.
Can I cancel a TD e-Transfer?
Yes, you can cancel a pending e-Transfer through TD Online Banking or the TD app, as long as the recipient has not deposited the funds.
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The information on this page is for general informational purposes only and does not constitute financial, legal, or tax advice. While we strive to keep this content accurate and up to date, we make no guarantees about its completeness or reliability. Always consult your bank, a qualified professional, or the relevant authority for advice specific to your situation. Last updated March 2026.