bank of america wire transfer fee waived

However, to find a service that’s best for your situation, compare the transfer fees, exchange rates and other details of money transfer specialists. If you don’t want to send a wire transfer, you also have the option of obtaining an international money order and then mailing it to your recipient overseas.īank of America’s wire transfers is a secure, convenient solution when you need to send money overseas. What Types of Transfers Can I Make With Bank of America?īank of America offers international wire transfers directly to your recipient’s bank account in more than 200 countries around the world. You’ll get a stronger exchange rate from a money transfer specialist, so look for alternatives to save money on your international transfer. While it doesn’t reveal its exchange rates online, Bank of America will show you the rate that applies to your transaction before you confirm the details of your transfer. Like any large bank, Bank of America updates its rates regularly to align with the changing global market. Your transfer will typically be delivered in two business days to more than 200 countries worldwide. Enter the details of your transaction - how much you’re sending and your recipient’s banking info.Hover over the Transfers tab and then locate the Send money to someone section and select Using their account number at another bank.Log in to your Bank of America account online.To initiate an international wire transfer online: Once you have an account, you can send a wire transfer overseas online or at a local Bank of America branch. You can quickly and easily sign up for an account online with your Social Security Number, contact information, and residential address. You’ll need a Bank of America bank account to send an international wire transfer with BofA. How Do I Send Money Overseas With Bank of America? The recipient may receive less due to the fees charged by the intermediary bank and recipient's bank.If you send an outgoing transaction in a foreign currency, Bank of America may waive the fee and instead add a margin onto the currency exchange for your transfer. Please be aware the amount the recipient receives may differ from the amount debited from your account. Calling a branch over the phone is not considered a Voice Wire. Voice Wires are wire transfers initiated by a business customer who elected to have a Wire PIN set up, so they can call the wire transfer department to process their request. Though Bank of America has 17,000 ATMs, using a non-Bank of America ATM comes with a 2.50 fee per use in America and 5.00 per use in another countrythat includes just a simple balance inquiry. See the Foreign Currency section of Your Deposit Account Agreement for more information. Unless you can qualify for the Preferred Rewards program, you have no access to a high-yield savings account. The exchange rate will include our profit, fees, costs and changes. Bank on the business day when such exchange is processed based on factors such as market conditions and risk, economic and business factors. Bank will convert your funds at a retail exchange established by U.S. dollars prior to being credited to your account.

Deposits received in a foreign currency, whether by check, wire-transfer, or otherwise, must be converted to U.S. Voice Wire - Outgoing (Domestic) $35.00Īdditional fees may be deducted from the transfer amount by other financial institutions involved in the payment process. Depending on the type of account that you have at Bank of America, you may be able to get this fee waived.Business savings and money market accounts.Find a financial advisor or wealth specialist.Bank Altitude® Reserve Visa Infinite® Card Select a bank or other financial institution that may reduce or waive wire transfer fees or offer lower costs than competitors. Bank Shopper Cash Rewards® Visa Signature® Card Bank Altitude® Connect Visa Signature® Card

Bank of america wire transfer fee waived