Bank of America secure international money transfers | finder.com

Bank of America international money transfers

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BankofAmericaSend fast, secure international wire transfers from your BofA bank account.

If you need to transfer funds quickly to a friend or family member anywhere around the world, Bank of America is an easy solution.

Offering wire transfers to more than 200 countries, the bank provides secure, convenient money transfers. The funds you send typically arrive within two business days, and you can initiate your transfer online or at your nearest Bank of America branch.

Wire money to a bank account

As a Bank of America customer you can log into your online banking account and initiate a wire transfer to another bank account from the convenience of your home. Or if you feel more comfortable making the transfer in person, you can head to your nearest branch.

Bank of America is best for:

  • Current BofA customers. If you already bank with Bank of America, you won’t need to set up an account.
  • Worldwide transfers. Bank of America allows you to send funds to more than 200 countries.
  • In-person transfers. You can initiate your transfer online or at your local Bank of America branch. BofA operates thousands of ATMs and branches.
  • Added security. Wire transfers are a safe, secure method of sending money overseas.

How much does Bank of America cost?

Bank of America has a three-tiered transfer fee, with the price depending on the following criteria:

Outbound domestic wire transfer $30
Outbound international wire sent in foreign currency $35
Outbound international wire sent in U.S. dollars $45

What types of transfers can I make 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, it also provides the option of obtaining an international money order and then mailing it to your recipient overseas.

Available currencies and countries

Bank of America supports transfers to 200+ countries. But keep in mind that transfers are not allowed to some countries including the Democratic Republic of Congo, Iran, Iraq, Syria, Myanmar, Belarus and others.

How do I send money overseas with Bank of America?

To send an international wire transfer with BofA, you’ll need to first set up a bank account. You can quickly and easily sign up for an account online with your Social Security Number, contact information and residential address.

Once you have an account, you can send a wire transfer overseas 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 Send money to someone section and select Using their account number at another bank.
  3. Enter the details of your transaction — how much you’re sending and your recipient’s banking info.

Your transfer will typically be delivered in two business days to more than 200 countries worldwide.

What is Bank of America?

With more than 57 million personal and business customers and operations in more than 40 countries, Bank of America is committed to helping its customers reach their financial goals. Bank of America has 4,800 retail financial centers, roughly 16,000 ATMs and an award-winning online banking platform. A leader in corporate and investment banking, it offers everything you need to manage your finances and save for a secure financial future.

What other products does Bank of America offer?

Bank of America is a full-service bank offering:

  • Checking accounts. Manage everyday finances through feature-packed accounts.
  • Savings accounts. With competitive interest rates, minimal fees and flexible features, you can build a stronger financial future.
  • Credit cards. Extensive options range from basic low-cost cards to high-end rewards cards.
  • Mortgages. Whether buying your first home, your next home or investing, you have a suite of loan products to choose from.
  • Auto loans. Own your next set of wheels sooner with a feature-packed auto loan.
  • Investment solutions. Trade in a wide range of investments and financial instruments online with Merrill Edge.
  • Business banking solutions. From small business banking to complex investment strategies for large corporations, Bank of America looks after the needs of its corporate clients.

What do customers say about Bank of America

Bank of America has been accredited with the Better Business Bureau since 1949 and receives an A- from the organization. Over on TrustPilot, the majority of reviews fall into the “average” category, with a TrustScore of 6.2 out of 10.

How do I contact customer support?

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

TransferWise vs. Bank of America

How does Bank of America compare to other services?

Use our comparison calculator to assess transfer fees, exchange rates and other details for sending funds overseas with our money transfer partners.

I want to send

to

Min. Transfer Amount Transfer Speed Online Transfer Fee Rate Amount Received Description CTA Details
$0 3 - 5 days USD 0.00 0.868 EUR 4,341 Transfer up to $500,000 with no minimums and no fees. Go to site Show details
USD 1,000 1 day USD 0.00 0.868 EUR 4,339 No maximum limit, no fees and competitive exchange rates for 100+ currencies. Go to site Show details
USD 1 Within an hour USD 3.99 0.868 EUR 4,335 Use promo code FINDER to send your first transfer with no fee.
Send to 110+ countries for bank-to-bank deposit, cash pickup or mobile top-up.
Go to site Show details
USD 1 3 - 5 days USD 50.00 0.876 EUR
4,334
Enjoy high maximum transfers into more than 20 currencies while saving up to 90% over local banks. Go to site Show details
GBP 5,000 1 - 2 days USD 0.00 0.867 EUR 4,334 Get live quotes on exchange rates and take advantage of no transaction fees with no limits on transfers. Go to site Show details

Compare up to 4 providers

Frequently asked questions

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US International Money Transfers Offers

Important Information*
XE Money Transfer

Transfer up to $500,000 with no minimums and no fees.

WorldRemit International Money Transfers

Use promo code FINDER to send your first transfer with no fee.
Send to 110+ countries for bank-to-bank deposit, cash pickup or mobile top-up.

World First Foreign Exchange

No maximum limit, no fees and competitive exchange rates for 100+ currencies.

TransferWise International Money Transfers

Enjoy high maximum transfers into more than 20 currencies while saving up to 90% over local banks.

Ask an Expert

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42 Responses

  1. Default Gravatar
    TimurOctober 15, 2018

    Hello! I’m from Kazakhstan. just opened an account (business account) on BOA and want to transfer money to my account of BOA from a Kazakhstan bank account. Could you please explain procedure, or give link where can I read? Thank you in advance.

    • finder Customer Care
      nikkiangcoOctober 16, 2018Staff

      Hi Timur,

      Thanks for your inquiry.

      If you are sending money from your Kazakhstan bank account to BOA, you’d have to contact your Kazakhstan bank to ask for the process and fees.
      Otherwise, to send money from BOA account to Kazakhstan, as it says on our page:

      To send an international wire transfer with BofA, you’ll need to first set up a bank account. You can quickly and easily sign up for an account online with your Social Security Number, contact information and residential address.

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

      To initiate an international wire transfer online:

      Log in to your Bank of America account online.
      Hover over the Transfers tab and then locate the Send money to someone section and select Using their account number at another bank.
      Enter the details of your transaction — how much you’re sending and your recipient’s banking info.
      Your transfer will typically be delivered in two business days to more than 200 countries worldwide.

      Take note that you will have to pay a transaction fee when you send an international wire transfer. However, these fees vary depending on whether you are sending a foreign currency or US dollars. You’ll be able to review any fees that apply to your transfer before you complete your transaction.

      Hope this helps! For any clarifications, feel free to message us again.

      Cheers,
      Nikki

  2. Default Gravatar
    SajibOctober 14, 2018

    How can I send money to Saudi Arabia, what details do I need?

    • finder Customer Care
      AnndyOctober 15, 2018Staff

      Hi Sajib,

      Thanks for your question.

      If you are referring to the requirements for wire transfers from Bank of America to your recipient’s bank account in Saudi Arabia, you’ll need your recipient’s full personal and banking information, including their bank’s name and SWIFT code and their routing and account number.

      Alternatively, you can check this page money transfer companies, to compare money transfer companies that allow you to send funds to Saudi Arabia. The requirements will depend on how your recipient will receive the money. For instance, if the recipient will pick up the cash, you’ll just need the receiver’s full name as it appears on their government-issued ID and information about their city/province/state and country. If you are sending to a bank account, you’ll need the receiver’s international bank account number (IBAN) and international bank identifier code (BIC), or the receiving country equivalent.

      I hope this helps.

      Cheers,
      Anndy

  3. Default Gravatar
    LindaOctober 9, 2018

    Hi. I’m from the Philippines .my friend sent me 1000$ to my email address. I received an email from Bank of America but how can i receive it if I’m here in the Philippines?

    • finder Customer Care
      JoshuaOctober 14, 2018Staff

      Hi Linda,

      Thanks for getting in touch with finder. I hope all is well with you. :)

      The email that you received from Bank of America should come with instructions on how you would be able to receive the money.

      Moreover, please note that the money isn’t sent to an email address, but rather the email address is used to send the money to a specific account. An email address can’t hold money for you. For this reason, you need to clarify with your friend how exactly he sent the money. You may also check with Bank of America to learn more.

      I hope this helps. Should you have further questions, please don’t hesitate to reach us out again.

      Have a wonderful day!

      Cheers,
      Joshua

  4. Default Gravatar
    KathrynOctober 4, 2018

    When sending a wire transfer to other country ; can interchange of beficairy first name to last name affect the transaction to be successful?
    For example , Finding Philip Joe as Joe Philip on transfer confirmation receipt

    • finder Customer Care
      nikkiangcoOctober 8, 2018Staff

      Hi Kathryn,

      Thanks for reaching out to us.

      When sending wire transfers it’s very important that the first name and last name of your recipient is correct as there may be chances that other people will have the same name. For more information, you must contact the money transfer provider to see what will happen if you made a mistake about the transfer and ask if it’s still possible to cancel the transaction.

      Hope this helps! For any clarifications, feel free to message us again.

      Regards,
      Nikki

  5. Default Gravatar
    RanirajSeptember 24, 2018

    Why do i have pay for fee from bsnk of america to my bank of malaysia?

    • finder Customer Care
      joelmarceloSeptember 25, 2018Staff

      Hi Raniraj,

      Thanks for leaving a question on finder.

      Since you will be using an international, interbank process, there will be a fee because usually there will be manual work done in an international bank transfer- much like sending money via a money transfer service. If you would like to weigh your options in sending money to Malaysia, please click HERE.

      Please send me a message if you need anything else. :)

      Cheers,
      Joel

  6. Default Gravatar
    SaseeSeptember 23, 2018

    Is that any activist fee in your bank ?

    • finder Customer Care
      nikkiangcoSeptember 24, 2018Staff

      Hi Sasee!

      Thanks for your inquiry and for visiting finder.

      Did you mean transaction fee? Below are the transactions fees applied when you send money overseas using Bank of America:

      Outbound domestic wire transfer $30
      Outbound international wire sent in foreign currency $35
      Outbound international wire sent in U.S. dollars $45

      Hope this helps! Feel free to message us should you have further questions.

      Kind Regards,

      Nikki

  7. Default Gravatar
    nuelSeptember 7, 2018

    sir, someone transered money from usa through BOA is it necessary to to pay any fee those who will receive in india

    • finder Customer Care
      joelmarceloSeptember 7, 2018Staff

      Hi Nuel,

      Thanks for leaving a question on finder.

      There might be an inbound fee in your bank in India and there might also be an intermediary bank fee. You can check directly with your bank on how much it would be. I hope you find the answer to your question.

      Cheers,
      Joel

  8. Default Gravatar
    RobnSeptember 3, 2018

    Sir, Actually someone in Texas bought a Phone from me he says he transferred the money.But he says I have to deposit 10k INr to the representative bank as activation fees ,so I have a doubt that is it fraud or do I have to pay 10k to receive the payment

    • finder Customer Care
      johnbasanesSeptember 7, 2018Staff

      Hi Robn,

      Thank you for leaving a question.

      If the money transfer was done via a money transfer company, activation fee is not required. I do suggest that you contact the representative bank on the legitimacy of this fee before making a move on sending the funds for the activation fees. Hope this helps!

      Cheers,
      Reggie

  9. Default Gravatar
    FrankAugust 2, 2018

    How do i send money in dollar from USA to someone at overseas to be recieved also in USA dollar without it being converted to the overseas currency

    • finder Customer Care
      JoshuaAugust 11, 2018Staff

      Hi Frank,

      Thanks for getting in touch with finder. I hope all is well with you. :)

      Regarding your question, you can send money in Dollar from the US to someone overseas by ensuring that your recipient has a USD bank account. Before you send the money, please indicate to your service provider that you want to keep the money in its original currency.

      For the exact steps, please speak to your bank to learn more.

      I hope this helps. Should you have further questions, please don’t hesitate to reach us out again.

      Have a wonderful day!

      Cheers,
      Joshua

  10. Default Gravatar
    SantiagoJuly 29, 2018

    Hi, I have a friendo who has a Bank of America account and want to send me money to Costa Rica. The Bank in Costa Rica told me that to send me money, my friend needs to use an intermediary bank.
    Could you help to know which is the correct process to do this.
    Thank you

    • finder Customer Care
      JoshuaAugust 6, 2018Staff

      Hi Santiago,

      Thanks for getting in touch with finder. I hope all is well with you. :)

      An intermediary bank is needed when you need to send money outside of the US. This is a common occurrence especially if you are sending money to a smaller bank.

      It is the duty of the bank in Costa Rica to explain to you how to wire the money using the correct intermediary/correspondent bank. For this reason, it would be a good idea to directly get in touch with your bank or Bank of America to learn more.

      I hope this helps. Should you have further questions, please don’t hesitate to reach us out again.

      Have a wonderful day!

      Cheers,
      Joshua

US International Money Transfers Offers

Important Information*
XE Money Transfer

Transfer up to $500,000 with no minimums and no fees.

WorldRemit International Money Transfers

Use promo code FINDER to send your first transfer with no fee.
Send to 110+ countries for bank-to-bank deposit, cash pickup or mobile top-up.

World First Foreign Exchange

No maximum limit, no fees and competitive exchange rates for 100+ currencies.

TransferWise International Money Transfers

Enjoy high maximum transfers into more than 20 currencies while saving up to 90% over local banks.

Go to site