Bank of America Wire Transfer: How to Send, Receive and Fees Explained

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Bank of America Wire Transfer: How to Send, Receive and Fees Explained

//business-finance.news-articles.net/content/202 .. sfer-how-to-send-receive-and-fees-explained.html

Published in Business and Finance on Wednesday, March 12th 2025 at 23:40 GMT by GOBankingRates

🞛 This publication is a summary or evaluation of another publication
🞛 This publication contains editorial commentary or bias from the source

This guide breaks down everything you need to know about making a Bank of America wire transfer, from setting up transfers to receiving them. Read on for more:

2025-03-12 231 x 130 / 4975 Bytes

The article from MSN Money outlines the process for sending and receiving wire transfers through Bank of America, detailing the associated fees and steps involved. For sending a wire transfer, customers can do so online, via phone, or in-person at a branch, with domestic transfers costing $30 and international ones at $45. Sending requires filling out a form with the recipient's details, and for international transfers, the SWIFT code is necessary. Receiving wires at Bank of America is free, but the sender might incur fees from their bank. The article also mentions that wire transfers are typically faster than ACH transfers, with domestic wires often completed within 24 hours, though international transfers might take longer. Additionally, it provides information on how to track a wire transfer and the security measures in place to protect these transactions.

Read the Full GOBankingRates Article at:
[ https://www.msn.com/en-my/money/personalfinance/bank-of-america-wire-transfer-how-to-send-receive-and-fees-explained/ar-AA1ANjCb ]

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Bank of America Wire Transfer: How to Send, Receive and Fees Explained