Bank of America international money transfers

BankofAmericaSend quick, secure international wire transfers from Bank of America

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.

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.

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Save money on your personal or business international money transfer today. Fill in the form and you’ll be contacted by a foreign exchange expert to have an obligation-free discussion about your options.

With over 17 years of foreign exchange expertise and over $100 billion transferred, OFX can help with all your currency exchange needs, including:

  • Buying property abroad
  • Emigrating
  • Regular overseas payments
  • Risk management
  • Forecasting

Min. Transfer Amount Transfer Speed Online Transfer Fee Rate Services Amount Received Description CTA Details
WorldRemit International Money Transfers
USD 1 Within an hour USD 4.99 18.018 Online, Bank Account to Bank Account, Cash Transfer MXN 90,000 Use promo code FREE to send your first transfer for no fee, to over 110 countries for bank-to-bank deposit, cash pickup or mobile top-up. Go to site View details
World First Foreign Exchange
USD 1,000 1 day USD 0.00 17.862 Online MXN 89,310 Exclusive offer: $0 transfer fee
No-limit transfers with competitive exchange rates for more than 100 currencies.
Go to site View details
TransferWise International Money Transfers
USD 1 1 day USD 75.00 18.145 Online MXN
89,364
Enjoy high maximum transfers into more than 20 currencies while saving up to 90% over local banks. Go to site View details
OFX International Money Transfers
USD 150 1 day USD 0.00 18.072 Online, Bank Account to Bank Account MXN 90,362 Send safe, no-limit transfers with no fees and competitive exchange rates. Go to site View details
HiFX International Money Transfers
USD 100 2 days USD 5.00 18.063 Online MXN 90,226 Transfer money into 20 currencies and schedule regular payments. $5 fee waived for transfers over $5,000. Go to site View details
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How can 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. Click the Transfers tab and then Outside the Bank Transfers.
  3. Enter the details of your transaction — how much you’re sending, the currency and to where.

Your transfer will typically be delivered in two business days to more than 200 countries worldwide.
TransferWise vs. Bank of America

Pros and cons of using Bank of America

Pros
  • Worldwide transfers. Bank of America allows you to send funds to more than 200 countries.
  • Transfer options. You can initiate your transfer online or at your local Bank of America branch.
  • Security. Wire transfers are safe, secure method of sending money overseas.
Cons

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.
  • Saving 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.

Who 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.

Bottom line

An international wire transfer with Bank of America is a secure, convenient way to send funds overseas.

Before you initiate your transfer, compare fees, benefits and features of other money transfer companies to find the best option for your situation.

Frequently asked questions

Yes, Bank of America offers wire transfers to bank accounts throughout the US.

Yes, you will have to pay a transaction fee when you send an international wire transfer. However, these fees vary depending on the type of account you have and where you’re sending your money. You’ll be able to review any fees that apply to your transfer before you complete your transaction.

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2 Responses to Bank of America international money transfers

  1. Default Gravatar
    John | May 26, 2017

    I remitted USD 50 from Bank in India by Swift for credit to my BofA account.charged USD 16. What is the charge structure?

    • Staff
      Harold | June 22, 2017

      Hi John,

      Thank you for your inquiry.

      With this specific concern, the fees allotted to a transaction may vary depending on the bank/money transfer company. You can back track the information by contacting the bank in India where you had a transaction with.

      I hope this information has helped.

      Cheers,
      Harold

US International Money Transfers Offers

Learn about our information service
HiFX International Money Transfers

Transfer money into 20 currencies and schedule regular payments. $5 fee waived for transfers over $5,000.

WorldRemit International Money Transfers

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

World First Foreign Exchange

Exclusive offer: $0 transfer fee
No-limit transfers with competitive exchange rates for more than 100 currencies.

TransferWise International Money Transfers

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

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