TD Bank SWIFT Code for International Transfers & a Better Alternative
Benjamin Clark - 2025-03-19 15:46:56.0 166
If you’re sending money internationally from TD Bank (Toronto-Dominion Bank) in Canada, you’ll need a SWIFT code to ensure your funds reach the correct recipient. However, traditional bank transfers via SWIFT often come with high fees, hidden charges, and slow processing times.
For a faster, cheaper alternative, consider using Panda Remit, which provides low-cost, real-time exchange rates and faster international money transfers—without requiring a SWIFT code!
In this guide, we’ll cover:
✔ TD Bank SWIFT codes & how they work
✔ Fees and processing times for TD international transfers
✔ Why Panda Remit is a better alternative
What Is a SWIFT Code?
A SWIFT code (also known as a BIC – Bank Identifier Code) is an internationally recognized code used for secure bank-to-bank transactions, especially for international wire transfers.
TD Bank SWIFT Code for Canada
If you’re using TD Bank for international transfers, you’ll need one of the following SWIFT codes:
| TD Bank Location | SWIFT Code |
|---|---|
| TD Bank Canada | TDOMCATTXXX |
| TD Bank USA | NRTHUS33XXX |
💡 Note: The last three characters (XXX) in the SWIFT code are optional and can indicate a specific branch.
TD Bank International Transfer Fees & Processing Time
While TD Bank allows international SWIFT transfers, they come with high fees and slower processing times.
TD Bank International Transfer Fees
| Type of Fee | TD Bank Fee |
|---|---|
| Outgoing International Wire (in branch) | $30–$50 CAD |
| Incoming International Wire | $17 CAD |
| Intermediary Bank Fees | Additional hidden charges |
💡 Hidden Costs: In addition to transfer fees, TD Bank marks up the exchange rate, meaning you get less value for your money.
Processing Time for TD Bank International Transfers
⏳ Transfers take 2–5 business days due to multiple bank intermediaries.
❌ Delays possible due to banking hours, holidays, and compliance checks.
Panda Remit vs. TD Bank: A Faster & Cheaper Alternative
Instead of using TD Bank SWIFT transfers, you can send money faster and cheaper with Panda Remit, a leading digital remittance platform.
| Feature | TD Bank SWIFT Transfer | Panda Remit |
|---|---|---|
| Fees | $30–$50 per transaction | ✅ Low or Zero Fees |
| Exchange Rate | ❌ Markup applied | ✅ Close to mid-market rate |
| Transfer Speed | ❌ 2–5 business days | ✅ Minutes to hours |
| Intermediary Bank Fees | ❌ Yes, extra deductions | ✅ No hidden fees |
| Convenience | ❌ Requires bank visit or complex setup | ✅ 100% online, easy transfers |
Key Takeaway: TD Bank SWIFT transfers are slow and expensive. With Panda Remit, you get faster transactions, better exchange rates, and lower fees—without needing a SWIFT code!
How to Send Money with Panda Remit (No SWIFT Code Needed!)
Sending money internationally with Panda Remit is simple and hassle-free. Here’s how:
Step 1: Sign Up for Panda Remit
👉 Create an account here – it takes just a few minutes!
Step 2: Enter Transfer Details
✅ Select your destination country
✅ Enter the amount to send
Step 3: Add Your Recipient’s Information
✅ Input recipient’s bank details
✅ No SWIFT code required for most transfers!
Step 4: Choose Your Payment Method
✅ Use bank transfer, debit card, or other available options
Step 5: Enjoy Fast & Secure Transfers
✅ Money arrives within minutes or hours (compared to TD Bank’s 2–5 days)
✅ Track your transfer in real-time via the Panda Remit app
Why Choose Panda Remit Over TD Bank SWIFT Transfers?
🔹 🚀 Faster: Transfers are delivered in minutes, not days
🔹 💰 Lower Fees: No excessive SWIFT or intermediary bank fees
🔹 💱 Better Exchange Rates: Get more money to your recipient
🔹 🌍 Global Reach: Supports over 30+ countries
🔹 🔒 100% Secure: Licensed and compliant with international financial regulations
Start Sending Money Today – First Transfer with ZERO Fees!
Tired of slow and expensive TD Bank international transfers? Switch to Panda Remit and enjoy:
✅ Faster transfers – minutes instead of days
✅ Lower fees & better exchange rates
✅ No SWIFT code needed – simple & hassle-free
🌟 Sign up now and enjoy your first transfer with ZERO fees! 🌟
📲 Follow us on Instagram for updates & promotions!
Final Thoughts: The Best Alternative to TD Bank SWIFT Transfers
If you’re using TD Bank for international transfers, you might be paying more and waiting longer than necessary. Instead, Panda Remit offers a modern, low-cost solution with:
✔ Faster processing times (minutes, not days)
✔ Better exchange rates (no hidden markups)
✔ Lower transfer fees (or zero fees for first-time users!)
✔ No SWIFT code requirement
Next time you need to send money abroad, choose Panda Remit—a faster, cheaper, and more convenient alternative to TD Bank international remittance. 🚀
