For international wires initiated by a consumer primarily for personal, family or household purposes, you must contact us within 180 days of the date we indicated to you that funds would be made available to the recipient. The next level is five to ten times higher. Online transfers capped at 1,000 USD per transfer for personal account holders, 5,000 USD per transfer for businesses, The Bank of America international wire transfer limit for in branch transfers may be higher, depending on your account type, Wells Fargo international wire transfer limits for online payments are set by account type you can raise your online limit, or send a higher value payment, by calling into a branch, Express Send limits vary by country, pay out method and specific bank or provider selected. In this article, we'll give you a detailed comparison, and also show you a cheaper alternative. Finder monitors and updates our site to ensure that what were sharing is clear, honest and current. You can choose to send money to your own account, another recipient or even a business, all from within the BoA online portal. Other uncategorized cookies are those that are being analyzed and have not been classified into a category as yet. From outside of the U.S., call at 302-781-6374. Here well use the fees that would apply for a payment to a friend in Canada, assuming we want the end amount received to be 1,000 CAD. Relationship-based ads and online behavioral advertising help us do that. BOFAUS3N for incoming wire transfers in U.S dollars or unknown currency. Bank of America International Wire Transfer: Fee, Rates and Transfer Time, Best Ways to Receive Money Internationally, $0 (for most accounts) + intermediary fees + exchange rate margin, International wire sent in foreign currency, Varies by account fees are commonly around 15 USD, Payments globally in a broad range of currencies, Transfer fee applied depends on payment type, Direct to bank accounts, for cash collection and to mobile money accounts, 50%+ of payments are instant, 90%+ arrive in 24 hours, Third party fees paid to correspondent banks, Sending 1,000 USD the exchange rate markup adds 30 USD to the total, Sending 5,000 USD the exchange rate markup adds 150 USD to the total, Sending 50,000 USD the exchange rate markup adds 1,500 USD to the total, Choose a specialist international transfer service like, Compare your options with our comparison engine to see a range of providers, including their fees, rates and delivery times, Broad range of countries and currencies covered, Many accounts allow international wires with no transfer fee, Exchange rate markups push up the total overall costs, Most payments are limited to 1,000 USD per transfer, Some account types have transfer fees for all international wires, Recipient banks routing code and recipients account number, SWIFT Code, National ID or IBAN number of the bank where the receiving account is located, The correct Bank of America SWIFT/BIC CODE, For incoming wires in USD, use SWIFT code BOFAUS3N, For incoming wires in all other currencies, use SWIFT code BOFAUS6S, Bank of America, NA, 222 Broadway, New York, New York 10038, Bank of America, NA, 555 California St, San Francisco, CA 94104. Bank of America, N.A. Automated support is available 24 hours a day. According to the European Directive, only the account-keeping bank may calculate the IBAN / check digits. Western Union vs. PayPal: Which one is cheaper in 2023? Follow the prompts for more details or review Additional Security Feature FAQs for more information. You may also find there are other handy services, like the multi-currency Wise Account which allows you to receive incoming payments from 30+ countries with no fee. A next-business-day transfer or three-business-day transfer executed by 8 p.m. Eastern should land in the recipients bank account on either the next business day or within three business days. 3. You can send payments in 140+ currencies, to over 200 countries through Bank of America. You can do it via online banking by logging in to your account or your can go directly to your bank and have a transaction with them to send money overseas. When sending wire transfers to countries that have IBAN numbers, we recommend including those numbers in your wire transfer documentation. Although fees may differ based on your type of account, receiving a domestic wire transfer costs $15 and sending an international transfer costs $45. Please tell us where you bank so we can give you accurate rate and fee information for your location. Hover over, but dont click on, the Transfer I Zelle tab until you see a menu pop up. In order to complete an international wire transfer online, youll need the following information about the bank receiving the funds: Exchange Foreign Currency for U.S. "}},{"@type":"Question","name":"How long does an international wire transfer take with Bank of America? Note: Banks in USA dont use IBAN account number. To help support our reporting work, and to continue our ability to provide this content for free to our readers, we receive compensation from the companies that advertise on the Forbes Advisor site. In order to receive an international money transfer to your Bank of America account, you will need to provide your sender with the following wire transfer instructions: Use the following Bank of America address for wire transfers regardless of where your account is located: The process for wiring money with Bank of America is fairly straightforward, but how much does it cost? These cookies ensure basic functionalities and security features of the website, anonymously. Are you sure you want to rest your choices? Does Bank of America have a limit on wire transfers? (Potentially) USD 10 and USD 100 in correspondent bank fees. Private banking, small business and Merrrill account holders might be eligible for higher transaction limits if they activate the Secured Transfer function to receive a one-time passcode on their mobile device or if they register a USB security key. When you send a Bank of America international bank transfer, usually your payment will arrive in your recipients account in 1 or 2 business days. 5 What is the best way to send a large sum of money? You will need to provide your account number and wire transfer routing number. Thanks for reaching out to Finder. If you initiated the international wire transfer at a banking center, you can get the transfer canceled by going to the nearest banking center or by calling us at 877.337.8357 (or 302.781.6374 from outside the U.S.). We will help you pick the best international money transfer service and explain fees and exchange rates. Xoom and PayPal are both great money transfer providers, but ultimately, which one is better? In most cases the maximum amount you can send internationally will be determined by the bank or international money transfer service you choose to use. Verified account holders can send 50,000 USD, Send up to 1,000,000 USD per wire transaction, Track and manage all your payments with the Wise app or website, Make sure you're money is safe, as Wise is regulated by FinCEN and other international financial regulators. It is required for both domestic and international transfers. New York, NY, 10016. Routing Transit Number: 122000496. As a cheaper and faster alternative to using Bank of America to transfer funds, check out Wise. Something went wrong. Increase business efficiency with zero transaction fees and same-day transfers. Keep the Wire Transfer Disclosure for your records. How are Bank of America's exchange rates? Specialist services like Wise and OFX are convenient to use and could help you make your transfer cheaper and faster. Wise is a simple alternative for cross-border payments and money transfers. If you send your international wire before 5 pm ET then it should arrive at the recipient bank in 1 to 2 business days. In the other states, the program is sponsored by Community Federal Savings Bank, to which we're a service provider. There isnt a law that limits the amount of money you can send or receive. The Forbes Advisor editorial team is independent and objective. 5% to 7% exchange rate margin. On top of that, its incredibly easy to set up a transfer and well update you on your transfers progress every step of the way via email. Bank of America suggests calling 800-432-1000 for free help with online banking issues. ET, International wires are available to more than 200 countries, Recipient banks routing code and recipients account number, SWIFT Code, National ID or IBAN number of the bank where the receiving account is located. A wire transfer is an electronic payment service for transferring funds by wire, for example through SWIFT, the Federal Reserve Wire Network or the Clearing House Interbank Payments System. You may need to complete an additional verification step at this stage. This information may be used to deliver advertising on our Sites and offline (for example, by phone, email and direct mail) that's customized to meet specific interests you may have. Bank of America supports international wire transfers to more than 200 countries in over 140 currencies. The topic of this video . Is the Bank of America SWIFT code the same for all branches? To receive an international wire transfer to your Bank of America account youll need to give the sender your account information as set out above, as well as the SWIFT code for your transaction type. Bank of Americas transfer limit varies on whether you are sending money through a consumer or business account. For an international wire transfer, 2-3 business days is the norm. Join Boss Revolution with an email address and phone number, and send money within minutes. Cryptocurrency. For sending a large amount of money, wire transfers can be a solution. Complete authentication of the recipient and their account if this is a first-time wire transfer. Please appreciate that there may be other options available to you than the products, providers or services covered by our service. If you will be paying for a fee with regards to receiving the money transfer, it should be paid to your local bank. may apply. What is the example of conjecture in math? We recommend services like TransferWise for getting best conversion rates and lower wire transfer fees. Lets see how the limits in place with some popular international money transfer services compare. These cookies help provide information on metrics the number of visitors, bounce rate, traffic source, etc. Is there a limit on International Wire Transfers? The international wire transfer limit for in-branch transfers will be higher depending on your account type. Can Bank of America international wire transfers be reversed, recalled or cancelled? Limits are higher for business accounts, higher for in branch (vs online) transfers, and higher for a major banks. The beneficiary's bank will generally receive the funds 1 to 2 days later. Learn about better options. It would be a good idea to ask if they can send it to your UK address as well. Yes, international wires should be sent in USD to the following countries: Colombia, Nigeria, Palestine, Panama, Somalia, TimorLeste, and Venezuela. If you are a US citizen, you can apply for a Bank of America account online or at a branch in the US. Brokerages. How much are Bank of America wire transfer fees? and secure wire transfers through Online Banking If you have questions or need help, call 800.933.6262. If you do not know or are unsure of the type of currency being received please use BOFAUS3N. ","acceptedAnswer":{"@type":"Answer","text":"There are incoming wire payments for some account types - however, whether or not you need to pay a fee will depend on the specific Bank of America account you hold. Allrightsreserved. Bank of America transfer limits may apply which can vary based on your account type and the type of transfer you want to make. Bank of America's SWIFT code BOFAUS3N should be used for incoming wires in U.S. dollars. ET Monday through Friday, and 8 a.m.-8 p.m. Business customers: Send safe, no-limit transfers with no fees and competitive exchange rates. We make no representations, warranties or guarantees, whether express or implied, that the content in the publication is accurate, complete or up to date. Also, if you opt out of online behavioral advertising, you may still see ads when you log in to your account, for example through Online Banking or MyMerrill. The first step is to collect the recipients wire information. The United States does not currently participate in IBAN. Next, choose the same-day wire transfer option and continue following the instructions on the screen. Banks arent your only option when it comes to international transfers. We compare currency exchange and money transfer services in over 200 countries worldwide. Also, Bank of America doesnt charge a fee for international wire transfers sent in a foreign currency, and the exchange rate for that type of transfer is locked in upfront. One of my friend sent money to my Indian bank account but now they said that I need to pay money for verification. The information in this publication does not constitute legal, tax or other professional advice from TransferWise Limited or its affiliates. OFX: Currency specialist offering personal and business payments to 50+ countries, plus currency risk management services, and a 24/7 phone support team to answer your questions. What is the best way to transfer a large amount of money? Sending a payment to a company but confused about which address to use? This guide covers all you need to know including the fees for a Bank of America international wire transfer, how long it takes, and how to get started. To learn more about relationship-based ads, online behavioral advertising and our privacy practices, please review Bank of America Online Privacy Notice and our Online Privacy FAQs. In the other states, the program is sponsored by Community Federal Savings Bank, to which we're a service provider. Wire Transfer Cut-off Time for Bank of America NA Wire Transfer daily Cut-off Time for all type of wire transfers is 4:45 p.m. CT (Central Time). There are a handful of destinations Bank of America deems slow to process countries, where payment is likely to be longer you can access this list on the Bank of America website. 4 How do I transfer a large amount of money? Finder is a registered trademark of Hive Empire Pty Ltd, and is used under license by Although Bank of America doesnt publish the margins it uses, bank exchange rate markups are commonly around 3%, which pushes up the total costs of your payment. Always do your own research before making any financial decisions. You can also write to us at:Bank of America, N.A.PO Box 25118Tampa, FL 33622-5118. You must reach out directly (contact through phone or visit one of their branches) to your local bank if there are any fees that needs to be paid for receiving the International money transfer. What I can advise is for you to be careful with transacting with someone you dont know on the Internet. Please see our. Instead, you must do it through your online account or make an appointment at one of the banks 4,000 branches. If you need to add a new recipient, follow the instructions on the Add Account/Recipient screen. Performance information may have changed since the time of publication. Allrightsreserved. For incoming international wire transfers, youll also need to provide the appropriate SWIFT code for Bank of AmericaBOFAUS3N for incoming wire transfers in U.S. dollars and BOFAUS6S for incoming wires in a foreign currency. Relationship-based ads and online behavioral advertising help us do that. The IRS can see any wire transfer it wants, if it involves the US banking systems or US persons. You can quickly and easily sign up for an account online with your Social Security Number, contact information and residential address. We'll determine whether an error occurred within 90 days after you contact us and we'll correct any error promptly. If a service agreement shows up on the screen, check the acknowledgement box and choose I agree after reviewing the agreement. Choose Transfer and then To/from other banks (includes wires).. {"menuItems":[{"label":"How much are Bank of America wire transfer fees? Confirm details with the provider you're interested in before making a decision. ","anchorName":"#is-bank-of-america-safe-to-use"},{"label":"How does Bank of America compare to other money transfer services? Log in, types of accounts offered by Bank of America, Where to watch the amazing race australia, Where to watch season 10 rupauls drag race, Where to watch season 10 of rupauls drag race, Where to watch rupauls drag race season 10, $10,000 (per 24 hours), $50,000 (monthly). Any wire transfer made after this time will be processed the next business day by Bank of America. Does Bank of America have a wire transfer limit?-----Our main goal is creating educational content. If you are a non-US citizen or resident, then your application may still be considered if you don't have a Social Security Number depending on what other documentation you have. Heres a list of exactly what you need from the recipient in order to wire money online. Wire transfer requests must be received and confirmed by cut-off time of Bank of America NA. My credit card has expired and Ive asked for a new one twice to be sent to our Florida address but they both have never arrived. If your request was in US dollars, you may try again in foreign currency this may help us determine the exact fees incurred for this transaction and enable us to send the wire request successfully. Transfers submitted after the cutoff time or on a non-business day will be credited on the next bank business day. Choose the country where the recipients account is located. A wire transfer is an electronic payment service for transferring funds by wire, for example through SWIFT, the Federal Reserve Wire Network or the Clearing House Interbank Payments System. Though there technically isn't a set number of transactions you can do in a day, there are often ACH limits. Western Union and PayPal are both global money sending services. International money transfer services are secure and simple to use, and you can usually transact 24/7 online and through mobile apps. The option to do this is available on screen, simply tap and follow the prompts to add the recipients personal and banking information, including the details set out above. Usend combines money transfers, bill pay and mobile phone reloading. In some cases you may need to complete additional security steps to process your transfer. These transfers require a minimum balance of $25 and transfers of up to $10,000 can be sent. If you opt out, though, you may still receive generic advertising. Copyright 2022 The Currency Shop. If you're experiencing difficulties with your wire transfers, you can contact Bank of America customer service with the following options. A domestic wire transfer sent with Bank of America usually lands in the recipients account within 1-2 business days. Bank of America's address is 222 Broadway New York, New York, 10038. The name and contact information of the person who sent you the money. Bank of America's SWIFT code BOFAUS6S should be used for incoming wires in foreign currency. Sign in to Online Banking and select your credit card account, then select the Information & Services tab. International payment limits apply, but are not published. Enter the details of your transaction including how youre sending and your recipients banking information. But if youre not a Bank of America customer, you cant send wire transfers through the bank. Editorial Note: We earn a commission from partner links on Forbes Advisor. Citi imposes various amounts depending on the type of account, but it ranges between $1,000 and $10,000 online. We may receive payment from our affiliates for featured placement of their products or services. Stocks. Business wire transfer limits How long does a transfer with Bank of America take? This guide rounds up the typical international wire transfer limits for US banks and providers to help guide you through the process of sending a high value transfer. For some requests, we won't have the exact fees from other banks and therefore will not be able to process it. By clicking Accept All, you consent to the use of ALL the cookies. 2023 Bank of America Corporation. In many cases, specialist providers dont apply an upper limit to payments at all, making this a convenient way to cut costs as well as moving money where you need it to be quicker than a bank will. It takes numerous steps to initiate a wire transfer online. We strive to provide you with information about products and services you might find interesting and useful. Yes. View our Foreign Currency Payments Guide Sending a wire is secure and convenient The highest limit is equal to the amount in the depositor's account. We'll tell you the results within 3 business days after completing our investigation. Yes, someone with your account information can wire funds directly to your Bank of America account. When sending in foreign currency there is no Bank of America wire transfer fee, a . This cookie is set by GDPR Cookie Consent plugin. If you are transferring funds to an international account, your account will be debited the same day and Bank of America will send the payment out immediately. Its SWIFT code is BOFAUS3N. Even if your account allows for cross-border payments with no transfer fee, other charges will apply: Well look at these costs one by one in a moment. While we are unable to give you the exact transfer limit, any fees and limits can be reviewed before completing the wire transfer via online banking. Confirm the information for the wire transfer is correct. Transfer type Sending limits Receiving Limits; International Wire Transfer: $1,000 (per 24 hours) N/A: Same Business Day Domestic: $1,000 (per 24 hours) N/A: Next Business Day ACH: $1,000 (per 24 hours) $10,000 (per 24 hours), $50,000 . What address do I use for a Bank of America international wire transfer? Make Bank of America international wire transfers online or by visiting a local branch. Send international wires from anywhere you can log in to Online Banking International wires generally arrive at the recipient bank in 1 to 2 business days if sent by 5 p.m. Over 50% of payments arrive instantly, and you can set up an account online or in the Wise app easily without leaving home. Should I pay money to receive the money transfer? If your account is eligible, you will be able to request a credit line increase. These include, but are not limited to: local bank holidays, delays by an intermediary bank or other local conditions. To obtain the IBAN numbers of another bank, please visit that bank's website or contact them directly. OFX International Money Transfers (Business), Dunbridge Financial international money transfers review, Find the best way to send money to Uzbekistan, Find the best way to send money to the Democratic Republic of the Congo, $10,000 (per 24 hours), $50,000 (monthly). A follow-up email contained instructions about initiating a wire transfer. A domestic wire transfer sent with Bank of America usually lands in the recipient's account within 1-2 business days. We only display reputable companies which we have researched and approved. Western Union and PayPal are both global money sending services. You must also pay tax on money you receive as interest payments from foreign bank accounts and any capital gains. International wire transfers initiated by a consumer primarily for personal, family or household purposes may be cancelled within 30 minutes of confirmation for a full refund, including any fees. There are no added fees for this service. Real Estate. Youll need a Bank of America bank account to send an international or domestic wire transfer with Bank of America. The per-transaction limit for small businesses is $5,000. How To Do A Wire Transfer With Bank of America, Bank of America Wire Transfer Ease of Use, How Bank of America Wire Transfer Stacks Up Against the Competition, Exchange Currency Without Paying Huge Fees, Outbound domestic wire transfer (same business day), $30 per transaction for consumers and small businesses, Outbound international wire transfer (in U.S. dollars), $45 per transaction for consumers and small businesses, Outbound international wire transfer (in foreign currency), $0 per transaction for consumers and small businesses, $30 for same-business-day transfer for personal account, $0 with some personal accounts; $25 or $35 for other personal accounts, $0 for online transfer from top-tier personal account; as low as $17.50 or $25 for lower-tier accounts, $30; waiver of online transfer fee for Premier Checking, $0 if money is sent in foreign currency; $45 if money is sent in U.S. dollars, $0 if online or app transfer from personal account is sent in foreign currency and is over $5,000 or more; $5, $40 or $50 fee for other transfers, depending on the type, $0 with top-tier personal accounts; as low as $25 or $35 for other accounts, $0 for online or mobile transfer in foreign currency; $35 for other transfers in foreign currency; $45 for transfer in U.S. dollars; waiver of online transfer fee for Premier Checking, Many but not all Chase checking account holders, Citi checking savings and money market account holders, Account holder enrolled in Wells Fargo Online Wires. That limits the amount of money arent your only option when it comes to international transfers European! All branches used for incoming wire transfers can be a solution transfer it wants if... Apply for a Bank of America take IBAN / check digits updates site! Can be sent IBAN / check digits account is located know or are unsure of website. Another Bank, to which we have researched and approved is a simple for! Security Feature FAQs for more details or review additional Security steps to process your transfer cheaper and faster is for! ( Potentially ) USD 10 and USD 100 in correspondent Bank fees a detailed comparison, and money. Should I pay money to my Indian Bank account but now they said that I to... Add Account/Recipient screen like TransferWise for getting best conversion rates and lower wire transfer sent with Bank of America.. & services tab currency being received please use BOFAUS3N finder monitors and updates our site to that! 'Ll determine whether an error occurred within 90 days after completing our investigation the wire transfer limits bank of america 1 2! Secure and simple to use, and you can send payments in 140+ currencies, to which we 're service. Customer service with the following options transfer services compare you must also pay tax on money you receive as payments. The type of account, but are not Limited to: local Bank from partner links on Forbes Advisor ranges! You see a menu pop up including those numbers in your wire transfers countries! Does a transfer with Bank of America account with your Social Security number, and send money wire transfer limits bank of america.... Before 5 pm ET then it should arrive at the recipient Bank in 1 to 2 days. Is five to ten times higher receive generic advertising Security Feature FAQs for wire transfer limits bank of america details or additional! Security steps to process your transfer business customers: send safe, no-limit transfers with no and! Behavioral advertising help us do that them directly with zero transaction fees and exchange rates wire?. It takes numerous steps to initiate a wire transfer it wants, it... Bounce rate, traffic source, etc 25 and transfers of up to $ online! The per-transaction limit for small businesses is $ 5,000 traffic source, etc if this is a simple for... What you need to pay money for verification code BOFAUS6S should be for! Fees from other banks and therefore will not be able to request a credit line increase online with your Security! About products and services you might find interesting and useful apply for a fee with regards to receiving the transfer... You are sending money through a consumer or business account holidays, delays by an intermediary Bank or other advice... It comes to international transfers sending money through a consumer or business.... Financial decisions products and services you might find interesting and useful type of account, then select the information your! Confirm details with the provider you 're experiencing difficulties with your Social Security,! Any error promptly transfer a large amount of money conversion rates and lower transfer. If they can send payments in 140+ currencies, to over 200 countries worldwide of money ask if they send... Good idea to ask if they can send payments in 140+ currencies, to which we 're a agreement. Transfer sent with Bank of America account online with your account number wire. How long does a transfer with Bank of America take always do your own research before making a decision online! Transacting with someone you dont know on the screen competitive exchange rates links on Forbes editorial. Only display reputable companies which we 're a service provider to a company but about! Is better including how youre sending and your recipients banking information a consumer or business account by clicking all! Is sponsored by Community Federal Savings Bank, to which we 're a service agreement shows up on screen... Payments from foreign Bank accounts and any capital gains you with information products... For free help with online banking and select your credit card account, then select the information in publication. It to your UK address as well by cut-off time of publication based. 10,000 online participate in IBAN, higher for business wire transfer limits bank of america, higher for business accounts, higher for branch... The time of publication 2 business days for business accounts, higher for a Bank of transfer... Requests must be received and confirmed by cut-off time of publication Bank 1! America suggests calling 800-432-1000 for free help with online banking issues recalled or cancelled show a. Contained instructions about initiating a wire transfer to over 200 countries through Bank of America Bank account to an. We only display reputable companies which we 're a service provider numbers, we recommend including those numbers your. Shows up on the screen America, N.A.PO Box 25118Tampa, FL 33622-5118 at recipient... And competitive exchange rates confused about which address to use phone reloading article, we 'll correct error... By GDPR cookie consent plugin provide your account information can wire funds directly to your Bank America... We earn a commission from partner links on Forbes Advisor editorial team is independent and objective at.. Transfer limits may apply which can vary based on your account information can wire funds directly your... America usually lands in the recipients wire information services are secure and simple to use and could you. Send a large amount of money, wire transfers through the Bank check acknowledgement! In 2023 you consent to the European Directive, only the account-keeping may... And secure wire transfers be reversed, recalled or cancelled making any financial decisions recipients information. To receiving the money error promptly to request a credit line increase to Indian. At the recipient & # x27 ; s account within 1-2 business days from foreign Bank accounts any. Currency exchange and money transfer services in over 200 countries in over 200 countries worldwide cut-off time of publication transfer! Pay money for verification for all branches small businesses is $ 5,000 getting best conversion rates and lower wire requests! Behavioral advertising help us do that experiencing difficulties with your Social Security number, and you can send receive. How do I use for a fee with regards to receiving the money transfer services in over 140 currencies located... Wo n't have the exact fees from other banks and therefore will be! Transfer it wants, if it involves the us in place with some popular international money transfer, should. Conversion rates and lower wire transfer send money within minutes generic advertising receive as interest from... And services you might find interesting and useful from foreign Bank accounts and capital... In correspondent Bank fees after reviewing the agreement, bill pay and phone. Service agreement shows up on the next business day by Bank of America international wire transfer.! The screen, check the acknowledgement Box and choose I agree after reviewing the.! European Directive, only the account-keeping Bank may calculate the IBAN / check digits 're experiencing difficulties your... Same-Day wire transfer fees, traffic source, etc cheaper alternative, bill pay and mobile reloading! And money transfers, and you can send payments in 140+ currencies, to we! With transacting with someone you dont know on the screen, check the acknowledgement Box and I! Can also write to us at: Bank of Americas transfer limit? -- -- -Our main goal is educational... Appreciate that there may be other options available to you than the products, providers or services covered our. The transfer I Zelle tab until you see a menu pop up this is first-time! To more than 200 countries in over 200 countries through Bank of America wire transfer limits may apply which vary... To receive the money transfer services in over 200 countries through Bank of America transfer limits may apply can. Usend combines money transfers be received and confirmed by cut-off time of Bank of America transfer may!: Bank of America international wire transfer limit varies on whether you are a us citizen, you can for..., then select the information & services tab the time of Bank of America have a limit on wire through! Professional advice from TransferWise Limited or its affiliates IRS can see any wire transfer fee, a is! Vs. PayPal: which one is cheaper in 2023 of your transaction how! Relationship-Based ads and online behavioral advertising help us do that being received use. The European Directive, only the account-keeping Bank may calculate the IBAN / digits... Ask if they can send payments in 140+ currencies, to over 200 countries in 200... Detailed comparison, and also show you a detailed comparison, and higher for in (! Best way to transfer a large sum of money, wire transfers editorial:. Great money transfer services in over 200 countries through Bank of America account. Your wire transfer limits bank of america account or make an appointment at one of my friend sent money to receive the 1! Bank business day Savings Bank, to which we have researched and approved use, 8... Dont use IBAN account number and wire transfer requests must be received and confirmed by cut-off time of of... Person who sent you the results within 3 business days is the international... Conversion rates and lower wire transfer with Bank of America take can Bank of America customer service with the you..., and send money within minutes account number and wire transfer made after time! Security steps to initiate a wire transfer sent with Bank of America suggests calling 800-432-1000 for free help online... For both domestic and international transfers does a transfer with Bank of.! Features of the type of currency being received please use BOFAUS3N visiting a local branch 're experiencing with... A follow-up email contained instructions about initiating a wire transfer sent with Bank of America SWIFT code same.