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    Compare Bank of America Exchange Rates

    Exchange Rates aren't all the same! Its hard to predict the currency markets but you can always save money by comparing Bank of America margins and fees to those charged by your bank or FX provider.

    Bank of America is the second-largest consumer bank in the USA after Chase Bank and serves about millions of consumers and small business clients worldwide from its headquarters in Charlotte, North Carolina.

    Bank of America is one of the Big Four US banks and holds over 10% of all American bank deposits, in direct competition with JPMorgan Chase Bank, Citigroup, and Wells Fargo.

    FX Wires with Bank of America

    Sending or receiving international transfers to or from your Bank of America bank account will include a margin rate of between 4% to 8% – this is much higher than most money transfer broker rates (which are normally 0.5 to 1.5%).

    The Bank of America app and website allow you to check the FX rate prior to scheduling an international wire. So you can check the rate and compare to the best rates from our BER partner brokers to check for a better deal.

    Submit a Rate you have received from Bank of America to help us improve our service.

    You Can Save Money when you Compare Bank of America Exchange Rate Margins & Fees

    The below comparison table makes it easy to calculate the Total Cost you are being charged on your currency transaction by Bank of America versus the market mid-rate. It is easy to calculate any savings available from popular market-leading FX providers.

     

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