Commonly seen if your employer uses automated payroll systems.
If you see a "WPS" code and don't recognize the amount, follow these steps to verify the transaction:
To help you read the rest of your statement, here are a few other common codes you might see: Web Banking Deposit Web Banking Withdrawal Electronic Funds Transfer Service Charge Withdrawal How to Verify a WPS Transaction If a "WPS" transaction looks unfamiliar, take these steps: Check the Amount: Does it match your recent paycheck or a known transfer? Look for Suffixes: Codes like WPS-XXXXXXXX td bank statement codes wps
Marcus froze. Toronto? He lived in Boston. He hadn't been to Toronto in years. But then, the realization hit him like a punch to the gut.
"WPS" on a TD Bank statement typically stands for "Withdrawal from Personal Savings". This code indicates that a withdrawal was made from your personal savings account. Commonly seen if your employer uses automated payroll
The teller, a woman named Sarah with kind eyes and a "Years of Service" pin, adjusted her glasses. She didn’t look at his phone; she turned to her own monitor and began typing.
04/15/2025 | WPS PAYROLL | ADP TAX SVCS | -$5,432.10 Toronto
TD Bank uses WPS for several reasons: