Comparison
Western Union vs Bank of America: Fees, Rates & Speed Compared
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Western Union
4.3
Bank of America
3.3We hold no route where both Western Union and Bank of America quote, so this page sets their published terms side by side.
Live comparison: Western Union vs Bank of America across popular corridors
Recipient payout route by route, Western Union against Bank of America, from collected quotes (not guaranteed).
| Corridor | Western Union | Bank of America | Winner |
|---|---|---|---|
| USD → INR($1,000) | ₹93,173.35 | — | N/A |
| GBP → EUR(£1,000) | €1,165.82 | — | N/A |
| USD → PHP($500) | ₱30,597.00 | — | N/A |
| USD → MXN($1,000) | MX$18,394.04 | — | N/A |
| GBP → PKR(£500) | ₨182,869.93 | — | N/A |
| USD → NGN($200) | ₦274,546.04 | — | N/A |
Key differences between Western Union and Bank of America
**Only one offers**: Western Union — cash pickup, a business account.
Western Union vs Bank of America: Feature comparison
| Feature | Western Union | Bank of America |
|---|---|---|
| Overall rating | 4.3/5 (Excellent) | 3.3/5 (Fair) |
| Fee structure | From $0 to $10+ depending on method | $35-$45 per international wire |
| Exchange rate markup | 1% - 4% above mid-market | 3% - 5% above mid-market |
| Transfer speed | Minutes to 5 days | 2-5 business days |
| Supported countries | 200+ | 200+ |
| Supported currencies | 130+ | 100+ |
| Max transfer | $50,000 | $100,000 |
| Delivery methods | Bank Deposit, Cash Pickup, Mobile Wallet | Bank Deposit |
| Regulators | FinCEN, FCA, Various | OCC, FDIC, Federal Reserve |
Pros and cons
Western Union: 5 pros, 3 cons · Bank of America: 3 pros, 4 cons
Verdict: Western Union or Bank of America?
Cost: Too close to call
No route in our sample has quotes from both Western Union and Bank of America yet.