TD Bank with ITIN: Non-Resident Account Opening Guide

What Makes TD Bank Different for ITIN Holders?

TD Bank operates the largest US branch network on the East Coast and runs Canada's largest retail bank (TD Canada Trust). For ITIN holders, the cross-border integration is the headline feature: free internal transfers between TD Canada Trust and TD Bank US, unified online banking, and a Cross-Border banking program for Canadians spending part of the year in the US.

Branch coverage matters because TD typically requires an in-person visit to open an ITIN account, unlike fully online banks. If there is no TD branch in the applicant's state, another ITIN-friendly bank (Chase, Bank of America, Capital One) is the better pick.

Which TD Bank Account Types Accept an ITIN?

• TD Convenience Checking: $15 monthly fee waived with $100 daily balance, debit card, mobile banking.
• TD Beyond Checking: interest-bearing checking with $5,000 minimum daily balance to waive the $25 monthly fee, free worldwide ATM use.
• TD Simple Savings: $5 monthly fee waived when linked to TD checking; low minimum savings option.
• TD Signature Savings: higher-yield savings with $10,000 minimum balance to waive the $15 monthly fee.
• TD Cross-Border banking (Canada): linked Canadian and US accounts with no FX fee on internal transfers.

How Do You Open a TD Bank Account With an ITIN Step by Step?

1. Locate a TD Bank branch. TD branches are along the East Coast from Maine to Florida; check the locator on td.com.
2. Gather documents. ITIN CP565 letter, foreign passport, second photo ID, US address proof.
3. Visit the branch. Tell the banker you want to open a checking or savings account using an ITIN.
4. Provide the ITIN in the SSN field on the account opening forms. Show the CP565 letter for verification.
5. Fund the account with an initial deposit (cash, check, or wire from another bank).
6. Receive the debit card in 5 to 7 business days; the account is usable immediately for deposits.

For TD product details, see TD Bank with ITIN.

Can Canadians Use TD Cross-Border Banking With an ITIN?

Yes. TD Cross-Border banking is purpose-built for Canadian snowbirds, frequent travelers, and Canadians with US tax filings. Canadians can open a TD Bank US account from a TD Canada Trust branch in Canada, then use it during US trips with no FX fee on internal TD-to-TD transfers.

The ITIN is what makes the US tax side workable: the Canadian uses it on Form 1040-NR for any US-source income (rental property, royalties, certain investments) and gives it to US payers on Form W-8BEN.

What If TD Bank Denies the ITIN Account Opening?

Most TD ITIN denials come from incomplete documentation: missing CP565 letter, expired passport, or address mismatch. ChexSystems history from previous US banking can also trigger a denial. Options: gather missing docs and reapply at a different branch, request a manager-level review, or pivot to Chase, Bank of America, or an online bank (Charles Schwab Investor Checking sometimes accepts ITINs).

For broader account opening guidance, see ITIN banking options.