How to transfer money from Bank of America and swift code

How to transfer money from Bank of America and swift code

Last Updated on December 8, 2023 by admin

Do you understand easy steps to transfer money from Bank of America to another bank ? Do you need to send money to a family member, friend or someone else at one time or another?

The BOA money transfer is seamless and fast when it comes to sending money. You need to visit the banking premise before you can send money.

You can either make use of Zelle, Mobile app, Online banking, Wire transfer, Send a check. You can transfer funds among all of your business accounts except your business Certificate of Deposit (CD).

Transfers from Business Credit Express line of credit accounts can be made only to your linked checking or savings accounts. You can also make immediate transfers from your personal and business credit card to your linked checking or savings account.

 

How to send money from Bank of America

 

1. From the mobile app

You can easily send money with the Bank of America mobile app . All you need is to download the app from App-store
ii. Then  log in
iii. Select Pay & Transfer
iv. Select the account you want to transfer To.
v.Enter the Amount
vi.Enter the Date
vii. Tap Make Transfer

Read: Bank of America online banking: How to register for Internet banking and Mobile app

 

2. Zelle Money Transfer

With zelle you can Send and receive money with friends and family in minutes in the U.S.All you need is a U.S. bank account and a U.S. mobile number or email.

i. Tap “Pay & Transfer” then “Zelle®,” and “Send.”
ii. Select your recipient
iii.Enter the amount and select your funding account.
iv. Include an optional note and tap “Send Money.”

Zelle Transfer Limits.

Individuals            Small Business*   Merrill Lynch     Private Bank
24 hours  $3,500      10   $15,000        20  $15,000         15   $25,000
7 days     $10,000     30   $45,000     65 $45,000           30 $60,000
30 days  $20,000     60 $60,000      120 $60,000          60 $100,000

Single transaction maximum: $3,500 (Individuals) $15,000 (Small Business*)

How to enroll for zelle

i.Tap “Pay & Transfer” then “Zelle®.”
ii.Then tap “Settings” and follow the instructions.
ii.Check your text messages or email for a one-time code, so we can confirm it’s you.
iv.Next time someone sends you money, it will be available in your account within minutes.

 

 

3.  Wire Transfer

You can Log in to Online Banking and select the tab to send money to your own account, someone else or a business account using wire transfer. You can either carry out international wire transfer or domestic wire transfer depending on your choice.

International wire transfer

i. Log in to Online Banking.and select the Using their account number at another bank link from the Send Money To Someone section of the Transfers navigation menu and follow the instructions.

ii. Select Transfer and then To/from other banks (includes wires).
iii. Add their account as a new recipient.
iv.Select International Wire Transfers).
v.Select the country where the recipient’s account is located.
vi.Click Add Account

vii,Select Return to Make Transfer to set up the transfer.
viii.Select your account and the recipient. Enter the amount you want to send
ix. Confirm that the information for your wire transfer is correct.
x. Tap Transfer

Domestic wire transfer

To transfer money domestically, kindly login to your online banking
ii. Select Domestic (U.S. wire transfer
iii. The following on screen message to transfer.

What is BOA Wire transfer fee

Outbound domestic wire transfer $30
Outbound international wire sent in foreign currency $0
Outbound international wire sent in U.S. dollars $45

 

Read also;  Bank of America Zelle Limits: How to send and receive money with Zelle

4.  Send money with Check

You can send money via checks through the mail are a straightforward alternative …

How to deposit checks with  BOA Mobile Banking app

i. Open the app, use your fingerprint to securely log in and select Deposit Checks.
ii. Sign the back of the check and write “for deposit only at Bank of America”.
iii. Take photos of the front and back of the check with your smartphone — just select the Front of Check and Back of Check buttons.
iv. Select the account to receive the deposit, enter the amount and tap Next.
v. After confirming the details, tap Submit.

 

Bank of America Swift code

Do you have Someone sending an incoming international wire to you may also ask for Bank of America’s address. The address to provide is as follows:

 

BOFAUS3N (for incoming wires in US dollars or unknown currency)
Bank of America, NA
222 Broadway
New York, New York 10038

BOFAUS6S (for incoming payments in foreign currency)
Bank of America, NA
555 California St
San Francisco, CA 94104

 

Meet Ogbeide Frank, popularly known as perere, a blogger who loves writing about finance and Tech. He studied Business administration at the Ambrose Alli University Ekpoma and Mobile Communication at Orange College Malaysia .Frank have worked as a banker and consultant in variety of Nigeria agencies

For Advertisement, Content marketing andsponsored post: contact : kokobest04@gmail.com
admin
Scroll to Top