You can even make an appointment. It is your responsibility to verify the accuracy of that information prior to sending a payment. A one-time immediate payment cannot be canceled after it has been submitted. Under our Online Banking Guarantee, if we fail to process a payment in accordance with your properly completed instructions, we will reimburse you for any late payment fees. In addition, financial advisors/Client Managers may continue to use information collected online to provide product and service information in accordance with account agreements. Bank of America, N.A. There may be some risk in making a transfer to a slow-to-pay country. Just like any other kind of deposit, internal transfers. Great for secure and convenient transfers with a trusted provider. Transfers sent outside of the United States that are initiated by consumers primarily for personal, family or household purposes ("Remittance Transfers"), are governed by federal law (see section 6.F below). 03:43. From there, tap Make Transfer and select the account you want to transfer money from and which account to transfer to. You understand that when you send the payment, you will have no ability to stop it. Select the option "Transfer Funds." Choose the account you want to withdraw from and the account that will receive the funds. With respect to payment orders relating to the transfer which are executed through CHIPS, the CHIPS Operating Rules shall govern the payment orders. These ads are based on your specific account relationships with us. With Wise you can Send up to 1,000,000 USD per wire transaction Monday. Unless otherwise required by law, in no event will Bank of America be liable to you for special, indirect or consequential damages including, without limitation, loss or damage from subsequent wrongful dishonor resulting from our acts or omissions or lost profits, even if we are advised in advance of the possibility of such damages. For businesses who use the additional services described in the Business Services Addendum, this section applies to all Online Banking passwords, including those assigned to users or Administrators. If you open an additional eligible account at a later date, we will link your new account to the Service, unless you tell us not to do so. One time transfers may be made at any time and are immediately debited from a checking or savings account's available balance. You expressly agree that Bank of America shall be liable to you only for our negligent performance or non-performance of the ACH and Wire Transfer services, and that our responsibility shall be limited to the exercise of reasonable and ordinary care. Another method of transferring large amounts between banks is using a bank-to-bank transfer. Regulation D is a federal law that keeps consumers from making more than six withdrawals or transfers per month from a savings account or money market account. You are responsible for resolving any such disputes you may have with the Payee to whom you sent a payment through RTP. B. Insights are automatically activated; you can turn off insights at any time. When you interact with Erica by voice, the discussions are recorded and saved for 90 days so they can be analyzed to help refine listening skills. Bank of America makes no representations or warranties as to whether a bill payment program that you are eligible to enroll in is appropriate for a particular business. If we make a payment or transfer in an erroneous amount that exceeds the amount per your instructions, or if we permit an unauthorized payment or transfer after we have had a reasonable time to act on a notice from you of possible unauthorized use, unless otherwise required by law or as otherwise provided in this Agreement, our liability will be limited to a refund of the amount erroneously paid or transferred, plus interest thereon from the date of the transfer to the date of the refund, but in no event to exceed 60 days' interest. If you wish to continue to receive the e-Bills after the introductory period, please follow the instructions at the e-Bills page of Bill Pay. If you're experiencing difficulties with your wire transfers, you can contact Bank of America customer service with the following options. You may also request to cancel a future scheduled or recurring transfer by calling us at. The Regulation D Federal Reserve board rule used to limit you to six transactions per month on certain transfers from savings or money market accounts. ACH and Wire transfers are alternatives that allow you to transfer funds when delivery of funds domestically by a specific date is critical or when you are transferring funds outside the U.S. Future scheduled or recurring transfers scheduled for a weekend or a non-business day will be processed on the prior business day. We reserve the right to suspend or terminate your use of the Service if we believe, in our sole discretion, that you are using the Service for other purposes, orif we believe you are using the Service in a manner that exposes Bank of America or Zelle to liability, reputational harm or brand damage, including but not limited to using the Service to request, send or receive money related to any of the following: Illegal or brand damaging activities include, but are not limited to: We may determine other eligibility criteria in our sole discretion. Not so great if you are looking for varied transfer options. Under the terms of this Agreement, you may use the Services to obtain financial products and services, access and view account information, and, for certain accounts, move money electronically and perform authorized transactions, for eligible U.S.-based Bank of America consumer and small business accounts and affiliate accounts linked to the Service, such as those at Merrill Lynch, Pierce, Fenner & Smith Incorporated ("Merrill"). Limitation of Liability for Online Banking Transactions, C. Our Liability for Failure to Complete Transactions, D. Our Liability for ACH and Wire Transfers, B. Instant transfer: If instant transfers are available on your account, you can send funds to your linked, external bank account 24 hours a day, seven days a week, for a 1.5% fee per transfer. The topic of this . Member FDIC. Easily move money between your Bank of America banking and Merrill Edge investment accounts or your accounts at other banks. Please enter a valid 10-digit phone number. Screen images simulated. For errors involving new accounts, we may take up to 90 days to investigate your complaint or question and up to 20 business days to provisionally credit your account. 1/ For domestic transfers, funds will be debited from your Bank of America account on the business day you direct us to initiate processing of the transfer, and typically will be credited to the receiving account on the same business day, next business day or third business day after the transfer is initiated, depending on your choice. For General & Security and Account Alerts, you can also choose to havethese sent to a secondary email address, a mobile device that accepts text messages or a mobile device that can receive our Mobile App Alerts through a push notification system. Domestic bank transfers can be initiated via your online banking app, by phone, or directly at a branch, and will often take no longer than 24 hours to complete (often faster). For small business accounts, call 866.758.5972. When you add an account maintained at another financial institution, you do not change the agreements you have with that financial institution for that account. For example, Chase Bank sets the limit at $100,000 for individuals, but offers higher limits to businesses on request. You may cancel one or more of your Services at any time by notifying us of your intent to cancel in writing, through Online Banking secure mail, or by calling customer service at 800.432.1000. Select "For credit card balance transfers.". The scheduled delivery date is the date you enter for the payment to be delivered to the Payee. If we assign an exchange rate to your foreign exchange transaction, that exchange rate will be determined by us in our sole discretion based upon such factors as we determine relevant, including without limitation, market conditions, exchange rates charged by other parties, our desired rate of return, market risk, credit risk and other market, economic and business factors, and is subject to change at any time without notice. You may make payments using your consumer checking account. You represent that you have the authority to authorize payments from the enrolled bank account. Press enter to activate volume control. Neither we nor Zelle shall be liable for any typos or keystroke errors that you may make when using the Service. You are also consenting to receive online banking Alerts using auto-dialer technology and to receiving text messages. OR FAILURE OF TRANSPORTATION OR COMMUNICATION METHODS OR POWER SUPPLIES. You agree that you will not use the Service to send money to anyone to whom you are obligated for tax payments, payments made pursuant to court orders (including court-ordered amounts for alimony or child support), fines, payments to loan sharks, gambling debts or payments otherwise prohibited by law, and you agree that you will not use the Service to request money from anyone for any such payments. We may terminate your participation in any or all of your Services for any reason, including inactivity, at any time. Once an international outbound transfer has been sent, or, in the case of Remittance Transfers, after the 30 minute cancellation period has passed, you may request that a transfer be recalled, and we will communicate your request to the beneficiary's bank. You consent to the receipt of emails or text messages from us, from Zelle, from other Users that are sending you money or requesting money from you, and from other Network Banks or their agents regarding the Services or related transfers between Network Banks and you. Your use of the Services may also be affected by your Deposit Agreement and Disclosures, including the applicable schedule of fees (Deposit Agreement), or other agreement with us for your linked Bank of America accounts and/or an agreement with our affiliates for your affiliate accounts linked to the Service, including your investment accounts at Merrill. You can easily set up one-time or repeating transfers of money between accounts. Bank of America wire transfer customer service. The fees vary depending on the account or bank the recipient has. For investment accounts only, all stock exchange closures and holidays will be observed (such as Good Friday) as well as the bank holidays. Just open the app, sign into your account, and select Transfer/Zelle.. Customers can save upwards of $35 by using specialist money transfer providers. We may also send credit card, business line of credit and/or debit card security text alerts to your mobile phone number when applicable. Payments (other than payments to a Bank of America Payee) initiated before 5:00 p.m. You understand and acknowledge that Users to whom you send payment requests may reject or ignore your request. When this occurs, a message will be displayed on-line when you sign on to Online Banking. If you don't see an app for your device, you may still be able to access our mobile website by typing bankofamerica.com in your mobile web browser. 2) Enter the amount you want to transfer, the accounts you want to transfer from and to, the transfer date and delivery speed. Transfer limits are designed to help protect and limit potential bank and member financial losses. Bank of America, N.A. As always, we will only use personally identifiable information if needed and in accordance with our Online Privacy Notice and U.S. Consumer Privacy Notice. How to transfer money. If a User ignores your request, we may decide or Zelle may decide, in our sole discretion, that we will not send a reminder or repeat request to that User. For more information, go to our Web site at https://www.bankofamerica.com/privacy. One-time immediate transfers between linked Bank of America accounts . However, we do not control when the financial institution will credit the intended Payees account or when your account with the Payee will reflect the payment. In most cases assuming both accounts are held with the same financial institution you can just log into your account online, and transfer money from one account to another. For payments from your linked Bank of America accounts, see Section 2.A above. You will immediately notify us if any email address or mobile phone number you have enrolled is (i) surrendered by you, (ii) inactivated or removed by your provider, or (iii) changed by you. 4/ You will be charged $25 for each transfer trace that you ask us to execute for you. How do I change my automatic transfer Bank of America?----------Our main goal is creating educational content. Use the Up and Down arrow keys to adjust the volume. If a good reason (such as a long trip or hospital stay) kept you from telling us, we may extend the time periods. Discuss your financial needs on a day and at a time that work best for you. You understand that use of this Service by you shall at all times be subject to (i) this Agreement, and (ii) your express authorization at the time of the transaction for us or another Network Bank to initiate a debit entry to your bank account. As described above, a Remittance Transfer is an electronic transfer of funds initiated by a consumer primarily for personal, family or household purposes to a designated recipient in a foreign country. You can view your transfer limits in the Chime mobile app by going to Settings > View limits. From outside the U.S., call us collect at 302.781.6374. 3/ Daily and monthly limits may also apply. Transfer money between your accounts immediately 2. If an account has sufficient funds on the scheduled date and we initiate the transfer but the account does not have sufficient funds when the payment posts to your account, we will not charge an insufficient funds fee to your deposit account, but you may incur late fees, interest charges or other action taken by the Payee. You agree to: 1) keep your password secure and strictly confidential, providing it only to authorized signers on your account(s); 2) instruct each person to whom you give your password that he or she is not to disclose it to any unauthorized person; and 3) immediately notify us and select a new password if you believe your password may have become known to an unauthorized person. Does Bank of America charge balance transfer fees? Heads Up:The Fed continues to raise rates up 3% this year making credit card debt even costlier. This Agreement governs not only Remittance Transfers, but also certain other transfers between your linked accounts at Bank of America and your accounts at other financial institutions, or to someone elses account, using an account number and financial institution identifier. Log in to the online account and select "Transfers.". Most transfers of money to you from other Users will occur within minutes. Chase Private Client and Chase Sapphire Banking limits are $100,000 per day. Money transfer Once you confirm your acceptance of the Remittance Transfer terms, you will be shown a receipt which includes the items listed above and, in addition, (i) the date the funds will be available to the recipient, (ii) information you provide that identifies the recipient, and (iii) a statement of your rights in the event of an error or if you wish to cancel the transfer, as described below. If your email address or your mobile number changes, you are responsible for informing us of that change. WE AND OUR VENDORS EXPRESSLY DISCLAIM ALL WARRANTIES OF ANY KIND, EXPRESS, IMPLIED, STATUTORY OR OTHERWISE, INCLUDING, BUT NOT LIMITED TO, IMPLIED WARRANTIES OF MERCHANTABILITY, FITNESS FOR A PARTICULAR PURPOSE, TITLE AND NON-INFRINGEMENT, WITH REGARD TO THE SERVICES DESCRIBED OR PROVIDED. 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