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    Tutorial how to fund your TD Ameritrade account

    Account and Funding
    Hits: 8125

    In this article, I will provide an example how you can transfer fund to your new TD Ameritrade account via wire transfer from overseas to US. Beware that the information is accurate at the time of writing of this article. You should always refer to the information provided to you by TD Ameritrade before actual fund transfer.

    You can wire your money via Citibank or CIMB Bank if you are located in Malaysia.

    Please be aware that your fund transfer may be rejected even it is a small error in your form. The fund returned to you will be lesser than you sent initially after currency conversion both ways as well as processing charges from both US and your bank. So always double check your information before transfer your money.

     

    I am using CIMB transfer form as example.

    [1] Check on Telegraphic Transfer

    [2] Check on F/X treasury contract

    [3] Enter beneficiary's particulars

    TD Ameritrade
    200 South 108th Avenue
    Omaha, Nebraska 68154

    [4] Enter beneficiary's bank particulars and account number

    Wells Fargo Bank, NA

    420 Montgomery Street

    San Francisco, CA 94104

    A/C #: 4123214561 (For overseas TT to US)
     
    [5] Enter your particulars.
    [6] Check your resident status.
    [7] Check how you want to pay all bank's charges outside Malaysia
    [8] Your CIMB account number where the fund will be debited.
    [9] & [11] Your signature
    [10] Reason of fund transfer : Investment.
    [12] -
    [13] & [14] Ask the bank to separate your total fund transfer and US agent's charges. For now TastyWorks will reimburse your initial wire fees. It is USD27 for CIMB.
    [15] Enter SWIFT Code WFBIUS6SXXX
     
    Bank will do the rest of the work for you. 
    Remember to print and attach the page below to CIMB. This is to show that your money is transferred for investment purposes.
    CIMB also requires you to sign a declaration form for their internal use.

    Okay and now you are done. Send a copy of the transfer form above to TD Ameritrade for reimbursement after you see the money in your live account. 
    Good luck and happy trading!

    Comments   

    Crystal Tong
    2018-09-06 05:49
    Do we not have to write our 9 digit TD Ameritrade Singapore account number?
    ReplyReport to administrator
    Crystal Tong
    2018-09-06 05:49
    Do we not have to write our 9 digit TD Ameritrade Singapore account number?
    ReplyReport to administrator
    Small Potato
    2018-09-06 07:35
    Hello Crystal,
    You don't have to. You going to send a transfer cocopy to TD anyway.
    ReplyReport to administrator
    Crystal Tong
    2018-09-06 21:05
    I see, thanks Small Potato. =) I wonder if we're able to do it on cimbclicks?
    ReplyReport to administrator
    Small Potato
    2018-09-07 01:05
    Not a good idea.
    Bank officer will inform you latest currency conversion rate to buy USD for TT. You decide is that the good rate for you.
    With CIMB click, your request will be forwarded to processing center. You have no control of the conversion rate. It will be up to the bank.
    ReplyReport to administrator
    Crystal Tong
    2018-09-08 02:37
    okay, I understood, thank you so much. And then i should forward the copy of the form to funding@tdameritrade.com.sg?
    ReplyReport to administrator
    Small Potato
    2018-09-08 12:10
    Hello Crystal,
    You need to forward to TD based on their latest instructions.
    It should be in their email to you.
    Thx
    ReplyReport to administrator
    Crystal Tong
    2018-09-10 11:08
    Thank you very much Small Potato. Have a nice day.
    ReplyReport to administrator
    Eric
    2018-12-31 02:15
    Hello,

    I was informed by the bank (UOB) they doesn't allow TT to TD due to it is a company which involved in Forex and according to BNM regulations we are not able to remit not receive remittance (withdrawal) from TD. Is that true? Check the similar with BN officer was asked to check with the other banks who may allow to do so.. Trying to understand if that regulations or rules actually exist as worry might not get the $ back after getting profit or.. in the future.. Thanks
    ReplyReport to administrator
    Small Potato
    2019-01-01 00:31
    Hello Eric,
    As far as I know, Citibank and CIMB are two banks that have less problems. As long as you are not involve in Forex trading that should be okay.
    Good luck.
    ReplyReport to administrator
    Eric
    2019-01-01 19:02
    Quoting Small Potato:
    Hello Eric,
    As far as I know, Citibank and CIMB are two banks that have less problems. As long as you are not involve in Forex trading that should be okay.
    Good luck.

    Thanks for the info.. kind of reluctant to open up a foreign currency acc with CIMB due to their min requirement to place 2000 USD while HSBC min req RM 20K/5K USD. Anyway, i have obtained a letter from TD SG to state they dont involved with forex hope that help.. :) S.Potato, btw are you a technical trader/investor?
    ReplyReport to administrator
    Small Potato
    2019-01-02 03:09
    Hello Eric,
    You don't have to open USD currency account just for money transfer, unless you want to send and receive money frequently. I am more of a technical trader...
    ReplyReport to administrator
    Eric
    2019-01-02 03:28
    Quoting Small Potato:
    Hello Eric,
    You don't have to open USD currency account just for money transfer, unless you want to send and receive money frequently. I am more of a technical trader...


    I'm just worry about how do i get the $ back once i transfer my account from the existing broker to TD.
    As for the technical are you kind of T.A.E framework or Trend,MACD,Vol,MA + fibo retracement or the others? :)
    ReplyReport to administrator
    Small Potato
    2019-01-02 12:02
    Hi Eric,
    I mostly use trend line and MAs for technical analysis. I also use IVR for options trading.
    ReplyReport to administrator
    Eric
    2019-01-02 12:07
    thanks potato.. sorry for spamming your page.. will go back to my cave for now :D.. cheers
    ReplyReport to administrator
    Viphou
    2019-01-20 01:09
    Can you do the tutorial of funding to Interactive broker account from CIMB?
    ReplyReport to administrator
    Small Potato
    2019-01-20 11:42
    Hello Viphou,
    I don't have IB account. Only TD and Tastyworks.
    Funding account should be the same.
    ReplyReport to administrator
    Viphou
    2019-01-20 18:36
    Thanks, potato! The bank needs supporting documents, do know where can we find them ?
    ReplyReport to administrator
    Small Potato
    2019-01-20 23:15
    Hello Viphou,
    For supporting documents, I attached fund transfer instructions that have name and bank account for the broker.
    ReplyReport to administrator
    Viphou
    2019-01-20 23:19
    May i ask you one more question?
    The bank ask me what kind of investment when i tell the purpose of remittance is investment? They need to specific it, what should i do, dude?

    Thank in advance!
    ReplyReport to administrator
    Viphou
    2019-01-20 23:41
    In another bank, i told them my purpose transfer is trading. After transfering about 1h, the bank contact me and said your transaction was reject by correspondent bank, so i switched to CIMB. Then, i want to know clearly what purpose should it be to funding trading account.
    ReplyReport to administrator
    Small Potato
    2019-01-21 01:21
    You need to state us for US stock investment. No investment in forex. If you are in Penang, go to CIMB bayan baru. They know how to handle the case.
    ReplyReport to administrator
    Viphou
    2019-01-21 01:31
    So the rejection maybe casued by the mistaking trading for forex trading right? So the purpose of transfer is U.S Stock Investment, must state it clear, right?
    The bank officier is like noob srl...i tried to complain them & they got nth.

    I'm not live in penang. Anw, thank you so much for your help.
    ReplyReport to administrator
    Small Potato
    2019-01-21 01:34
    Hello Viphou,
    All the best.
    ReplyReport to administrator
    Viphou
    2019-01-21 01:36
    Brother, you forget to answer the last 2 question. Please help me to make it clear.
    ReplyReport to administrator
    Viphou
    2019-01-21 03:49
    Quoting Viphou:
    So the rejection maybe casued by the mistaking trading for forex trading right? So the purpose of transfer is U.S Stock Investment, must state it clear, right?
    The bank officier is like noob srl...i tried to complain them & they got nth.

    I'm not live in penang. Anw, thank you so much for your help.

    Bro! Please reply me to this 2 question ! :(
    ReplyReport to administrator
    Small Potato
    2019-01-21 04:59
    Hello Viphou,
    Highly possible that your application got rejected because local bank unable to confirm the purposes of your transfer. Do state it clearly.
    Another bank that don't give such problem is Citibank.
    ReplyReport to administrator
    Viphou
    2019-01-21 05:03
    Thank you very much & sorry for many question

    I switch to CIMB now, hope it gonna be okay.

    Again, thank for your help!
    ReplyReport to administrator
    Viphou
    2019-01-21 05:03
    Thank you very much & sorry for many question

    I switch to CIMB now, hope it gonna be okay.

    Again, thank for your help!
    ReplyReport to administrator
    Viphou
    2019-02-01 19:15
    Hey potato! Another problem, i have got my TD account approved but i can't find my UserID
    ReplyReport to administrator
    Small Potato
    2019-02-03 03:12
    Hello Viphou,
    For this, you can get help from TDAmeritrade SG. Normally they response very fast.
    ReplyReport to administrator
    MayLee
    2019-12-09 22:08
    How about public bank? okay to transfer money?
    ReplyReport to administrator
    Small Potato
    2019-12-09 22:19
    Hello MayLee,
    I never used the service from Public Bank before. You can try.
    ReplyReport to administrator

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