In this article I will be talking about the Bank of America swift codes.
So if you don’t know your Bank of America swift code, then this post is for you.
But before we go into the topic of the day. What is Bank of America?
What is Bank of America?
The Bank of America corporation (often referred to as Bank of America) is an American multinational investment and financial service holding company.
Its headquarters is in Charlotte, North Carolina.
The prestigious institution was founded in San Francisco, but change its headquarters when the Nations Bank of Charlotte acquired it in 1998. It is the second largest banking institution in the United States after JPMorgan Chase and the eight largest in the world.
Its primary financial services is wealth management, commercial banking and investment banking.
What is a swift code?
A SWIFT code also known as bank identifier code BIC is a code used to identify the country, bank and branch that an account is registered to SWIFT codes act as an address for where money should be sent.
It consist of 8 or 11 characters, each section of characters describe one part of the of the bank.
Each Bank branch has his own swift code, the swift code is used to identify the bank branch that will hold the specific money you are sending.
Now that you know what a SWIFT code is, what is the Bank of America swift code?
Bank of America SWIFT code
Bank of America has different sort codes, the sort codes depends on which transaction you want to perform.
For example if you want to send money from a country using a dollar as their official currency, the sort code would be different from a person transferring a foreign currency to the US.
Below are the list of the various sort codes, and other important information you might need.
|Bank of America SWIFT codes|
|SWIFT Codes||U.S. Dollars: BOFAUS3N
Foreign Currency: BOFAUS6S
|Bank of America’s address for incoming wires in U.S. dollars||Bank of America, NA
New York, New York 10038
|Bank of America’s address for incoming wire transfers in foreign currency||Bank of America, NA
555 California St
San Francisco, CA 94104
|Information you’ll need to provide||You will need to provide your bank account number, the type of currency in your account and the purpose of the wire.|
|Bank of America Wire Transfer Fees||Incoming domestic wire: $15
Incoming international wire: $16
Outbound domestic wire: $30
Outbound international wire, foreign currency: $35
Outbound international wire, U.S. dollars: $45
Hope you have seen the SWIFT codes for the various international transfer.
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