Auto Deposit
An automatic savings plan is quite simple. You schedule a recurring deposit from your checking account into a linked savings account. How often the deposit occurs depends largely on how often you're paid and your personal preferences. Log in to your account. Sign in and Select the blue Benefits & Payment Details link on the right side of the screen. Scroll down and select the Update Direct Deposit button, and choose if you are the owner or co-owner of the bank account. Enter your bank account information and select Next.
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Register for Autodeposit in RBC Online Banking Add your email address and indicate the account you want the funds deposited to. Review your information and confirm your Autodeposit registration. You'll receive a confirmation email from Interac with instructions on how to complete your setup. I want to cancel my previously authorized direct deposit. Please direct deposit my current A/R balance with the next commission run ($4.95 transfer fee applies). Information has been verified. Direct Deposit Authorization Form USEng 062415.
What is Interac e-Transfer Autodeposit?
Autodeposit is a convenient feature that saves you time; the money you receive using Interac e-Transfer® can automatically be deposited into your account without requiring you to sign-in to the TD app or EasyWeb. There's no need to go through the security Q&A process.
Setting up Autodeposit is easy and only requires a one-time registration. You just need to choose one or more email addresses to receive notifications and a TD account where the funds can be deposited. Any e-Transfers sent to the registered email address will automatically be deposited to the designated TD account.
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If you have Autodeposit: Both the sender and you, as the recipient, will be notified once the transaction has been processed. There's no need for you to answer a security question.
If the person you're sending money to has Autodeposit: Again, both you, as the sender and the recipient will be notified once the transaction has been processed. You won't have to enter a security question.
Fees
There is no fee to set up Autodeposit.
Maximum Setups
Auto Deposit Receipt
A TD personal bank account can be linked to a maximum of 5 different email addresses to receive Autodeposits; eligible business accounts can accommodate up to 100 email addresses.
Auto Deposit Cibc
However, an email address can only be registered for Autodeposit to one bank account. If you try to register an email address that is already registered for Autodeposit on another account, you will have the option to switch the account that the Autodeposit is registered to.