![]() ![]() Varies by account – fees are commonly around 15 USD International wire sent in foreign currency Here we’ll use the fees that would apply for a payment to a friend in Canada, assuming we want the end amount received to be 1,000 CAD.īank of America international transfer fee ![]() Let’s start with a comparison of the costs and delivery times involved when sending an international transfer with Bank of America compared to some specialist providers. We’ll look at these costs one by one in a moment. Third party fees paid to correspondent banks.However, before you start setting up your Bank of America international wire, you’ll need to double check your account terms and conditions, as some account types do come with an international wire transfer fee.Įven if your account allows for cross-border payments with no transfer fee, other charges will apply: Go to Wise Go to OFX Bank of America international money transfer comparisonįor most Bank of America account holders, there’s no upfront transfer fee for international payments sent in a foreign currency. Specialist services like Wise and OFX are convenient to use and could help you make your transfer cheaper and faster. ![]() Planning to transfer money abroad with Bank of America? This guide covers all you need to know including the fees for a Bank of America international wire transfer, how long it takes, and how to get started.ĭespite serving some 66 million customers across the US, Bank of America might not be your best choice when it comes to sending an international wire transfer.
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