It’s free for most users (depending on the bank of the recipient) and is a great alternative to a traditional wire transfer. However, it’s important to note that you can also transfer money with your Bank of America account by using Zelle, a money transfer app that’s integrated into the BOA online banking system. Outgoing domestic wire transfer fees are $30 per transaction.Incoming domestic wire transfer fees are $15 per transaction.Want to make a BOA wire transfer to another account within the United States? It’s possible, and easy, especially if the recipient also has a bank account with Bank of America. Dollar fees are $45 per transactionĭomestic Wire Transfer Fees at Bank of America BoA outgoing foreign wire transfers sent in U.S.BoA outgoing foreign wire transfer sent in foreign currency fees are $35 per transaction.BoA incoming foreign wire transfers are $16 per transaction.The BOA international wire transfer fee is: Like every other major bank, initiating or receiving a Bank of Ameria wire transfer incurs a fee. International Wire Transfer Fees at Bank of America And, there are almost always fees involved, both for incoming and outgoing transfers both internationally and domestically. Or, it can be done through a third-party money transfer service such as Western Union. Depending on the banks that both the sender and the recipient use, it’s possible to initiate a wire transfer via the bank itself. To learn more about relationship-based ads, online behavioral advertising and our privacy practices, please review the Bank of America Online Privacy Notice and our Online Privacy FAQs.To complete this transfer, you usually need the name of the recipient, their bank name, account number, and pickup details.
You may also visit the individual sites for additional information on their data and privacy practices and opt-out options. To learn more about ad choices, or to opt out of interest-based advertising with non-affiliated third-party sites, visit YourAdChoices powered by the DAA or through the Network Advertising Initiative's Opt-Out Tool. Ads served on our behalf by these companies do not contain unencrypted personal information and we limit the use of personal information by companies that serve our ads. Relationship-based ads and online behavioral advertising help us do that.īank of America participates in the Digital Advertising Alliance ("DAA") self-regulatory Principles for Online Behavioral Advertising and uses the Advertising Options Icon on our behavioral ads on non-affiliated third-party sites (excluding ads appearing on platforms that do not accept the icon). We strive to provide you with information about products and services you might find interesting and useful. Zelle and the Zelle related marks are wholly owned by Early Warning Services, LLC and are used herein under license. Please treat Zelle ® payments like cash, once you send the money, you are unlikely to get it back - for example, you do not receive the item you paid for using Zelle ® or the item received is not as described. Neither Bank of America nor Zelle ® offers a protection program for payments made with Zelle ®. See the Online Banking Service Agreement at /serviceagreement for further details. We will send you an email alert with transaction details after you send money using Zelle ®. Transactions between enrolled users typically occur in minutes and transactions between enrolled consumers do not typically incur transaction fees from Bank of America. checking or savings account and must be made from an eligible Bank of America consumer or business deposit account. Transfers require enrollment in the service with a U.S.
We recommend that you do not use Zelle ® to send money to those you do not know.
Zelle ® should only be used to send money to friends, family or others you trust.