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TD helps Canadians securely send money in more ways to more places with TD Global Transfer

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TD helps Canadians securely send money in more ways to more places with TD Global Transfer

If you’re one of the many Canadians who regularly sends money abroad to family or friends, you may know there are several important factors to consider when deciding which money transfer service you should use, including security, speed, convenience and transfer costs.

According to a Stats Canada study published in 2019, Canadian residents sent an average of $2,855 per year to their relatives or friends internationally.

But as Canadians continue to be separated from their family and friends across the globe due to physical distancing measures and border controls caused by the COVID-19 pandemic, for some people it’s more important than ever to be able to send money to their loved ones safely and securely.

To help Canadians send money abroad when and where they want to, TD recently launched TD Global Transfer – an innovative digital marketplace that enables TD customers to send international money transfers in more ways to more places across the world.

“We’re thrilled to be able to empower our customers with the ability to securely send money internationally to family and friends in a way that’s easy for them and convenient for their recipient,” said Mushtak Najarali, Senior Vice President, Money in Solutions, TD.

“This new solution exemplifies TD’s commitment to customer-centric innovation and enables our customers to support their loved ones by providing convenience and choice on how they send money almost anywhere in the world.”

For those Canadians thinking about sending money to family or friends abroad, here are three simple and convenient ways TD customers can use TD Global Transfer to send money digitally through EasyWeb or the TD app:

  1. Send money directly to a recipient’s bank account in more than 150 countries and territories.

Staying within the comfort and safety of home might be a top priority for your family and friends abroad right now, so sending money directly to their bank account might be an important and convenient way to do so.

“We’re living in a time when it’s critical to provide customers with digital options and we want our customers to be able to send money to their friends and family safely and efficiently,” said Susan Hawkins, SVP Enterprise Payments.

With TD Global Bank Transfer, you can send money abroad using your eligible TD Canadian or U.S. dollar personal chequing, savings or line of credit accounts to fund a transaction. Your money transfer will be directly credited to your recipient’s bank account once the transfer is complete.

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