TD Bank intl txn (international transaction) fees

Gabriela Peratello

Wondering what on earth TD Bank intl txn fee means? Or maybe you’ve already skipped ahead and you want to know exactly what the TD Bank international transaction fee is? You’re in the right place.

This guide runs through the meaning of the short form intl txn fee — including what the TD Bank international transaction fees might be, and how to beat them with Wise low cost international payments.

Intl txn fee TD Bank: meaning

If you’ve seen references to the TD Bank intl txn fee, you’ll probably be wondering: what exactly is the intl txn fee TD Bank meaning?

This is simply a short form for the TD Bank international transaction fees. However, it can be pretty confusing. 

And what’s more, like many regular banks, the international transaction fees for TD Bank are likely to be higher than those you’ll run into when using a specialist provider, too.

Learn more about foreign transaction fees

Don’t be deceived by confusing acronyms, know upfront how much you’ll pay in international transaction fees with Wise

Traditional banks tend to have high fees for international transactions, which can be tough to figure out, and tricky to spot.

Ditch your regular bank and try Wise for your next international payment instead. Wise international transfers use the mid-market exchange rate with no foreign transaction fees or markups added. 

You’ll only pay a low, transparent fee for the services you use — no minimum balance and no monthly maintenance fee to worry about. All in all, that can mean Wise is 6x cheaper than regular banks.

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What is the intl txn fee for TD Bank?

The exact fees you pay for international transactions with TD bank will depend on the account you choose. Generally speaking, the higher monthly fee you’re prepared to pay — or the more money you’ll leave in your account as a minimum balance — the cheaper the fees become. 

However, you’ll need to weigh up whether the higher maintenance costs and minimum balance requirements are all worth it in the end. 

Here’s a look at the international transaction fees for a few of the TD Bank key checking account products:

TD Convenience Checking intl txn fees

TD Banks’ most popular checking account with a relatively low minimum balance to avoid monthly charges.

ServiceTD Convenience Checking fee¹
Monthly maintenance fee15 USD (waived with 100 USD minimum balance)
International transaction fee3% international purchases on card
International ATM withdrawals3% of the amount withdrawn + fees may be applied by the ATM operator
Order foreign currency bank notes17.50 USD, reduced to 7.50 USD if you order more than 250 USD in value
Receive international wire15 USD
Send international wire50 USD + exchange rate, taxes and correspondent fees

TD Beyond Checking intl txn fees

TD’s account which comes with the most perks — and the highest fee. Have monthly charges waived by holding a minimum balance of 2,500 USD.

ServiceTD Beyond Checking fee²
Monthly maintenance fee25 USD (waived with 2,500 USD minimum balance)
International transaction feeNo international transaction fee
International ATM withdrawals No TD fee if you maintain a 2,500 USD minimum balance, though other fees may be applied by the ATM operator
Order foreign currency bank notes17.50 USD, reduced to 7.50 USD if you order more than 250 USD in value
Receive international wireNo fee
Send international wire1 free payment per statement cycle, then 50 USD + exchange rate, taxes and correspondent fees

TD Simple Checking intl txn fees

Everyday checking account with the lowest available TD monthly fee.

ServiceTD Simple Checking fee³
Monthly maintenance fee5.99 USD
International transaction fee3% international purchases on card
International ATM withdrawals3% of the amount withdrawn + fees may be applied by the ATM operator
Order foreign currency bank notes17.50 USD, reduced to 7.50 USD if you order more than 250 USD in value
Receive international wire15 USD
Send international wire50 USD + exchange rate, taxes and correspondent fees

move-money


So there you have it. If you were confused about the TD Bank intl txn fees meaning or actual costs, hopefully we’ve cleared that all up for you. 

And if you were looking for details about how you could cut the costs of international transactions with TD Bank — whether that’s sending or receiving payments internationally, spending on your card when you travel, or shopping online — check out Wise for low costs and the real exchange rate every time.


Sources: 

  1. TD Bank > Convenience Checking fees (pdf)
  2. TD Bank > Beyond Checking fees (pdf)
  3. TD Bank > Simple Checking fees (pdf)

Sources checked on 04.21.2022


*Please see terms of use and product availability for your region or visit Wise fees and pricing for the most up to date pricing and fee information.

This publication is provided for general information purposes and does not constitute legal, tax or other professional advice from Wise Payments Limited or its subsidiaries and its affiliates, and it is not intended as a substitute for obtaining advice from a financial advisor or any other professional.

We make no representations, warranties or guarantees, whether expressed or implied, that the content in the publication is accurate, complete or up to date.

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