Please appreciate that there may be other options available to you than the products, providers or services covered by our service. compares a wide range of products, providers and services but we don't provide information on all available products, providers or services. Please don't interpret the order in which products appear on our Site as any endorsement or recommendation from us. Bank of America money transfer fees are prohibitive for all those who maintain a USD account. Bank of America outgoing international wire transfer fees in USD: 45. While compensation arrangements may affect the order, position or placement of product information, it doesn't influence our assessment of those products. Bank of America outgoing international wire transfer fees in foreign currencies: No fee. We may also receive compensation if you click on certain links posted on our site. We may receive compensation from our partners for placement of their products or services. RBC Royal Bank Routing/ABA number (if funds coming from U.S. You will need to provide the sending bank with: Your account number. While we are independent, the offers that appear on this site are from companies from which receives compensation. To send or receive a wire transfer at your RBC Royal Bank account, you will need the information outlined below.
Users are limited to $1,000 per transaction and small businesses can send up to $5,000.į is an independent comparison platform and information service that aims to provide you with the tools you need to make better decisions. For instance, you might use a wire transfer to send as much as 500,000 from your bank account to a title company’s.
Private individual – $50,000 per day and $250,000 per yearīusiness – $250,000 per day and $1,000,000 per year Wire transfers are ideal for quickly sending large amounts of cash. From Send a wire, select an eligible 2 Private Bank account to wire funds, enter the wire details, including the recipient bank’s wire transfer ABA/routing number, the. Step 2: Enter and Review your wire details. More than the mid-market rate plus margin Always verify your wire instructions with your trusted recipient prior to sending any funds. So if you need to get pounds to someone in the UK, Wise will find someone in the UK looking to send dollars to the US, essentially swapping your funds.īoth Bank of America and Wise will safely get your money where it needs to go, but which is superior on fees, exchange rates and speeds? Read on to find out.įrom 0.41% to 1.5% of your transaction plus a fixed fee Using peer-to-peer technology, it matches users looking to send money in one currency with customers in other countries looking to receive the same money. On the other hand, UK-based Wise is a fundamentally different way to send money online.
Offering wire transfers to more than 200 countries, BofA provides secure, convenient money transfers that typically arrive within two business days. When you need to send money overseas, you’ll likely think of visiting a local bank like Bank of America. All international money transfer services.