An associate can help you from 8 am ET to 5 pm ET Monday-Friday. If you cannot access our website, or you are experiencing difficulties, you can call in for assistance. The cutoff time for international wire transfers is 3 pm ET. Not all account types are eligible for international wires with Capital One, please contact 1-800-655-BANK prior to visiting a branch location if you are a new sender.įor both online and phone channels, the cutoff time for sending domestic wires is 2 pm ET. In order to send a wire transfer to your external linked account, it must have been on file for at least 30 days prior. Please keep the following in mind when preparing to send a wire transfer: You will need your mobile phone in order to authenticate.Įligible recipient types and daily limits Please appreciate that there may be other options available to you than the products, providers or services covered by our service.The table below indicates sending fees, eligibility, and recipient types. compares a wide range of products, providers and services but we don't provide information on all available products, providers or services. Learn how to send money through Bank of America online or offline, and how much it costs for international and domestic wire transfers. Please don't interpret the order in which products appear on our Site as any endorsement or recommendation from us. While compensation arrangements may affect the order, position or placement of product information, it doesn't influence our assessment of those products. We may also receive compensation if you click on certain links posted on our site. We may receive compensation from our partners for placement of their products or services. While we are independent, the offers that appear on this site are from companies from which receives compensation. $10,000 (per 24 hours), $50,000 (monthly)īusiness wire transfer limits Transfer typeį is an independent comparison platform and information service that aims to provide you with the tools you need to make better decisions. Consumer wire transfer limits Transfer type What is the wire transfer limit for Bank of America?īank of America’s transfer limit varies on whether you are sending money through a consumer or business account.
If you don’t want to send a wire transfer, you also have the option of obtaining an international money order and then mailing it to your recipient overseas. What are the ways I can send money abroad with Bank of America?īank of America offers international wire transfers directly to your recipient’s bank account in more than 200 countries. Therefore, it is best to compare the displayed rate on Bank of America with the current interbank rate to work out the exact size of the margin. It’s also worth keeping in mind that Bank of America’s wire transfer service adds a 5% to 7% margin on top of the mid-market rate for international transfers. You’ll get a better exchange rate from a money transfer specialist, so look for alternatives to save money on your transfer. While Bank of America doesn’t reveal its exchange rates online, they will show you the rate that applies to your transaction before you confirm the transfer’s details. To learn more and to set up Overdraft Protection for your eligible accounts, visit. If you send an outgoing transaction in a foreign currency, Bank of America will waive the wire transfer fee and instead add margin onto the currency exchange for your transfer.Ĭompare money transfer fees now How are Bank of America’s exchange rates? information about Overdraft Protection Transfer fees from a linked credit card. Typical wire transfer fees at Bank of America are: How much are Bank of America wire transfer fees?Īlthough fees may differ based on your type of account, receiving a domestic wire transfer costs $15 and sending an international transfer costs $45. You may also be subjected to daily and monthly limits. Consumers are limited to $1,000 per transaction and small businesses can send up to $5,000. Recipients can withdraw cash from their accounts after the transfer is complete.
Major US Banks have the following incoming wire transfer fees: Bank of America: 15 domestic 16 international. You’ll need to have an account with Bank of America before making a transfer. Wells Fargo: 30 domestic 35 international (45 if sent in US dollars) Chase: 25 domestic 5 international (40 if sent in US dollars) Citibank: 25 domestic 35 international. Prepare to pay a transfer fee of $30 to $45 when you send money overseas.