Td Bank Statement Codes Wps [updated] Jun 2026

When you run payroll through a third-party provider (like ADP, Paychex, QuickBooks Payroll, or Gusto), that provider initiates an ACH debit against your TD Bank business account. The bank’s system recognizes the origin of this debit as a payroll processor and labels it with the code WPS .

For business users, the TD Bank Online Reporting Guide provides a breakdown of various card and transaction type codes.

Look for a 14-digit identifier (often XXXXXYYMMDDNNN ) which includes the company ID and the date the payment was created. td bank statement codes wps

Plain cash withdrawal, often from a teller or in-branch.

: Used by business or commercial accounts to identify activities related to wire transfers. When you run payroll through a third-party provider

General corporate expenditure clearings, employee mileage, or travel accounts.

Disclaimer: The information above regarding "WPS" is based on common banking abbreviations and trends found on community forums like Reddit . Transaction codes can change. Always verify unknown transactions directly with TD Bank. Look for a 14-digit identifier (often XXXXXYYMMDDNNN )

To help you seamlessly read through your daily account activities, it is useful to see how merchant codes fit alongside everyday bank system abbreviations. TD Bank splits statements into clear headers like Electronic Deposits , Electronic Payments , and Service Charges .

Point of Sale (A debit card transaction completed at a merchant)