BER Benchmark: Bank of America USD FX Rates & Margins
BER Benchmark monitors Bank of America exchange rates across the USD currency corridors tracked by BER. The current average margin versus the mid-market rate is 6.2%.
This average is based on the USD 10,000 transfer rates currently monitored by BER across the available Bank of America currency corridors.
Bank of America - Lowest and Highest FX Margins
BER Benchmark ranks the Bank of America currency corridors currently monitored for US dollar transfers by their margin versus the mid-market rate. The tables below highlight the lowest-margin and highest-margin corridors for a USD 10,000 transaction.
Bank of America wire fees
| Wire type | Standard fee |
|---|---|
| International outgoing in foreign currency | $0 wire fee; FX markup applies |
| International outgoing in US dollars | $45 |
| International incoming | $15, with possible waivers |
Recipient-bank fees, agent-bank fees and taxes may also apply. Bank of America determines its exchange rate and does not publish one universal markup percentage.
Bank of America receiving and timing
Bank of America says international incoming wires are typically credited in one to two business days. Outgoing delivery depends on the destination, currency, intermediaries and recipient bank.
For incoming US dollars or an unknown currency, use SWIFT BOFAUS3N. For incoming foreign currency, use BOFAUS6S. The domestic wire routing number is 026009593. Confirm the matching bank address and account details in Bank of America's current instructions.
Completed wires can be difficult to reverse. Independently verify recipient details and compare the disclosed recipient amount before sending.