How to send wire bank of america

Learn how to send wires using the Chase Mobile® app on your phone

Here’s how to send a domestic wire transfer:

1. 
   After signing in, tap "Pay & Transfer"
2. 
   Tap "Wires & global transfers"
3. 
   Choose or add your recipient and tell us the account you would like to wire funds from
4. 
   Enter the wire amount and date, then tap "Next"
5. 
   To complete, review details and tap "Schedule Wire" then "Close"

Here’s how to send an international wire transfer:

1. 
   After signing in, tap "Pay & Transfer "
2. 
   Tap "Wires & global transfers"
3. 
   Tap the arrow to expand the foreign exchange rate calculator
4. 
   Tell us if your recipient is an individual or business
5. 
   Choose the Pay from account and Country
6. 
   Enter the amount of your wire transfer in U.S. dollars (USD) and tap "Send money"
7. 
   Choose or add your recipient and the date you’d like to send your wire
8. 
   Enter any additional information and tap "Next"
9. 
   To complete, review the details tap "Schedule Wire"

Bank of America support international wire transfers to more than 200 countries in over 140 currencies. As the second-largest banking institution in the US, it caters to a substantially longer country list than banking US banking giant Chase Bank. While you can rely on a secure and convenient process with Bank of America, watch out for higher fees and exchange rates compared to independent money transfer services like Wise or OFX.

Why should I consider Bank of America?

• Send money to 200+ countries. Help out family and friends wherever necessary.
• Secure transfer method. An international wire transfer is a secure, reliable way to send money overseas.
• Transfer options. You can initiate your transfer online at your local Bank of America branch.
• Trusted provider. A trusted name in the banking industry, Bank of America has a long history of providing financial solutions for millions of customers.
• Two-day delivery. Send money in two business days, which is better than many other banks.

What to be aware of

• Transfer fees. Prepare to pay a transfer fee of $35 to $45 when you send money overseas. Domestic wire transfers cost less.
• Customers only. You’ll need to have an account with Bank of America before starting a transfer.
• Wire transfer or money orders only. Recipients can withdraw cash from their accounts after the transfer is complete.

How much are Bank of America wire transfer fees?

Although fees may differ based on your type of account, receiving a domestic wire transfer costs $15 and sending an international transfer costs $45. Typical wire transfer fees at Bank of America are:

If you send an outgoing transaction in a foreign currency, Bank of America will waive the wire transfer fee and instead add margin onto the currency exchange for your transfer.

Compare money transfer fees now

How are Bank of America’s exchange rates?

Like any large bank, Bank of America regularly updates its rates to align with the changing global market. 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 transfer’s details. You’ll get a stronger exchange rate from a money transfer specialist, so look for alternatives to save money on your international transfer.

It’s also worth keeping in mind that Bank of America’s wire transfer service adds a margin on top of the mid-market rate for international transfers. Therefore, it is best to compare the displayed rate on Bank of America with the current interbank rate to work out the size of this margin.

What are the ways I can send money abroad with Bank of America?

Bank of America offers international wire transfers directly to your recipient’s bank account in more than 200 countries around the world. 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.

Some transfers are dependent on the type of account you have, so learn about the types of accounts offered by Bank of America to customize your options.

What is the wire transfer limit for Bank of America?

Bank of America’s transfer limit varies on whether you are sending money through a consumer or business account.

Consumer wire transfer limits

Business wire transfer limits

How long does a transfer with Bank of America take?

A domestic wire transfer sent with Bank of America usually lands in the recipient’s account within 1-2 business days. For an international wire transfer, 2-3 business days is the norm. But you must make the daily cut off time for wire transfers, which is 5 pm ET for both domestic and international wire transfers in either US dollars or foreign currency. Any wire transfer made after this time will be processed the next business day by Bank of America.

How to make your first wire transfer with Bank of America

You’ll need a Bank of America bank account to send an international or domestic wire transfer with Bank of America. You can quickly and easily sign up for an account online with your Social Security Number, contact information and residential address.

Making an international wire transfer with Bank of America

Once you have an account, you can send a wire transfer online or at a local Bank of America branch.

To initiate an international wire transfer online:

1. Log in to your Bank of America account online.
2. Hover over the Transfers tab and then locate the “using their account number at another bank” section.
3. Enter the details of your transaction including how you’re sending and your recipient’s banking information.

Is Bank of America safe to use?

Bank of America is the second-largest banking institution in the US and the eighth-largest bank in the world. It is regarded as one of the world’s leading financial institutions and has a long history of providing financial solutions to millions of customers.

• Where is Bank of America regulated?

  Bank of America is regulated by the Office of the Comptroller of the Currency (OCC).

How does Bank of America compare to other money transfer services?

If you want to see how Bank of America compares to the exchange rates and fees offered by other money transfer services, enter the details of your transaction into the table below.

Frequently asked questions

• What bank information is needed for an international wire transfer with Bank of America?

  You will need to provide the name, address and country of your recipient's bank, along with their routing and account number. For international transfers, you will also need the bank's SWIFT code.

• How do I contact Bank of America customer support?

  If you need assistance or have a question about your transfer, you can contact Bank of America at 800-933-6262.

• Does Bank of America charge for incoming international wire transfers?

  Yes, Bank of America charges a $16 incoming fee for international wire transfers.

• What address do I use for a Bank of America international wire transfer?

  Bank of America's address is 222 Broadway New York, New York, 10038. Its SWIFT code is BOFAUS3N.

• Can I open a Bank of America account in any country?

  No. If you are a US citizen, you can apply for a Bank of America account online or at a branch in the US. You will need to provide your Social Security Number, along with your address details and an account number or debit card to make your opening deposit. 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.

• What are the international wire cut-off times at Bank of America?

  If you send your international wire before 5 pm ET then it should arrive at the recipient bank in 1 to 2 business days.

• Can Bank of America international wire transfers be reversed, recalled or cancelled?

  Under Bank of America's service agreement cancellations are possible but not guaranteed, as the funds may have already been transferred to the third-party bank. Keep in mind that if your cancellation or reversal is successfully processed, you may pay a higher exchange rate than your initial transaction depending on the market conditions at the time.

• Does Zelle work with Bank of America?

  Yes, Zelle is available to use through Bank of America's app. You can use it to transfer money to other Zelle accounts in minutes.

  Can you send a wire from Bank of America app?

  You can send domestic and international wires (in U.S. dollars or foreign currency) right from your Bank of America account. To add a new recipient, select Add Account/Recipient. Once added, we'll save the information.

  How do I wire money from Bank of America to another bank?

  Log in to Online Banking; hover over the Transfers tab, locate the Send money to someone section and select Using their account number at another bank. Before starting make sure you have all the correct recipient bank details.

  How do you send a wire transfer to someone?

  You can usually initiate a bank-to-bank wire transfer in person at your bank or financial instruction's local branch or through your online bank account. You'll usually need to provide the recipient's full name, contact information, and bank account details such as routing and transfer numbers.

  How much does it cost to do a wire transfer from Bank of America?

  Wire transfer fees by financial institution.