Bank of America review
3.3Est. 1904
Bank of America offers international wire transfers for account holders. While convenient for existing customers, rates and fees are significantly higher than specialist transfer services.
Countries
200+
Currencies
100+
Speed
2-5 business days
Fees
$35-$45 per international wire
Bank of America overview
Founded in 1904 and based in Charlotte, USA, Bank of America is a high-street bank. Bank of America's regulators: OCC, FDIC, Federal Reserve.
Pros
- Trusted major US bank
- Send from existing account
- Strong regulatory protection
Cons
- High transfer fees ($35-$45)
- Poor exchange rates (3%+ markup)
- Slow delivery times
- Much more expensive than specialists
Bank of America features
Online banking
Wire transfers
Branch access
Bank of America transfer details
HeadquartersCharlotte, USA
RegulatedYes
RegulatorsOCC, FDIC, Federal Reserve
Min Transfer$1
Max Transfer$100,000
Payment MethodsBank Transfer
Delivery MethodsBank Deposit
Exchange Rate Markup3% - 5% above mid-market
Published by Bank of America. Not measured by us; Bank of America’s limits and methods vary by country.
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