|
|
|
||
|
|
|
||
|
|
|
||
|
|
|
Understanding the Table:
The comparison table above helps you see the total cost of your Bank of America currency transaction by showing the exchange rates offered by different providers. It also makes it easy to spot potential savings from market-leading FX services compared to bank rates.
To see a full list of available providers, simply enter your transaction type, details and click ‘GET RATES’.
Bank of America uses different bank codes depending on the currency and location of the sending bank. Here are some of the most common bank codes used for receiving foreign wire transfers:
SWIFT Code: BOFAUS3N: This code is used for receiving wire transfers in U.S. dollars from foreign banks.
ABA Routing Number: 026009593: This code is used for receiving wire transfers in U.S. dollars from banks located within the United States.
CHIPS UID: 0959: This code is used for receiving wire transfers in U.S. dollars from foreign banks that are members of the Clearing House Interbank Payments System (CHIPS).
Fedwire ABA Routing Number: 026009593: This code is used for receiving wire transfers in U.S. dollars from banks located outside of the United States.
It's important to note that specific bank codes may vary depending on the currency and location of the sending bank, and it's recommended to confirm the correct codes with Bank of America before initiating a wire transfer. Additionally, Bank of America may charge fees for receiving wire transfers, so it's important to check the current fees and policies before initiating a transaction.
Bank of America offers several credit cards with different foreign transaction fees. Here are some examples:
Bank of America Travel Rewards Credit Card: This card charges no foreign transaction fees, making it a good option for travelers who frequently make purchases in foreign currencies.
Bank of America Premium Rewards Credit Card: Similar to the Travel Rewards Credit Card, this card also does not charge foreign transaction fees.
Bank of America Cash Rewards Credit Card: This card charges a foreign transaction fee of 3% of each transaction in U.S. dollars.
Bank of America Business Advantage Cash Rewards Mastercard: Similar to the Cash Rewards Credit Card, this card also charges a foreign transaction fee of 3% of each transaction in U.S. dollars.
Bank of America Business Advantage Travel Rewards World Mastercard: This card charges no foreign transaction fees.
It's important to note that credit card terms and conditions can change, so it's always a good idea to check the current fees and policies before applying for or using a credit card for foreign transactions.
If you wish to save on exchange rates and foreign ATM fees then you should consider the Wise multi-currency card.
How much does it really cost to live, work, or travel in ? Here's what to expect for daily expenses and expat living.
For travelers planning a 1-week mid-range stay in Ukraine, budgeting around 10,000 to 15,000 UAH (Ukrainian Hryvnia) would provide a comfortable experience. This amount covers accommodations, meals, local transportation, and activities without excessive frugality. Here’s a brief overview of typical daily expenses you can expect in Ukraine:
In comparison to the United States, where similar expenses can run significantly higher (e.g., meals costing around $15 to $30), Ukraine proves to be quite affordable, making it an excellent destination for budget-conscious travelers. Compared to the UK, where daily costs can also be similar to U.S. rates, Ukraine stands out as a more economical choice.
For expatriates looking to settle in Ukraine, the typical monthly living costs average around 25,000–40,000 UAH, depending on lifestyle choices and location. A well-located apartment rental in a major city like Kyiv might range from 10,000 to 20,000 UAH, while utility bills can add another 2,000 to 3,500 UAH. When it comes to banking, using a credit or debit card is widely accepted in cities, but it's advisable to keep some cash for smaller purchases. Many locals opt for services like Wise or OFX for better exchange rates and lower fees when sending or receiving money, compared to traditional banks. With ATM withdrawal limits frequently set low—and service charges sometimes applied—using an online transfer service often results in favorable savings on currency exchange. Overall, expats will find that managing finances in Ukraine can be both practical and cost-effective if they plan wisely.
View a full list of exchange rates by selecting your Base (from) currency:
