The Bank of America Corporation (also referred to as Bank of America, BofA, or BoA) is an American multinational investment bank and financial services holding company headquartered in Charlotte, North Carolina. Founded in San Francisco, Bank of America was formed through NationsBank's acquisition of Bank America in 1998. It is the second largest banking institution in the United States, after JPMorgan Chase, and the eighth largest bank in the world. It is also one of the Big Four banking institutions of the United States. The Bank of America was named the "World's Best Bank" by the Euromoney Institutional Investor in their 2018 Awards for Excellence, and was also ranked #8 on the 2020 Global 2000 rankings done by Forbes.
With Remitbee sending money to America is easy. Just follow these steps!
If your loved one has a Bank of America account it makes sense to send a direct transfer! Here are a few reasons why!
Remitbee to Bank of America wire transfer
Remitbee is fully transparent about all fees and exchange rates. We keep our fees low and check rates daily to ensure that we have the most competitive U.S. dollar exchange rates on the market. Fees differ based on the payment method you pick, you’ll be able to see all options before you send the transfer.
One of the banks will calculate the exchange rate CAD to USD, and the money is moved between accounts using the SWIFT Code network after all fees and transfer information have been selected. For example, a transaction to the Bank of American will use a Bank of America SWIFT code.
At this time Remitbee is only available to those who want to transfer money out of Canada.
You can choose to pay using Interac e-Transfer, Interac Online, Bill payment, Electronic Funds Transfer or Visa or Mastercard Debit.
The transfers typically take between 1 and 2 days, but some transfers happen instantly. Transfers to America are only available via direct deposit.
If you verify your identity on our platform, you can send up to 9,000 CAD per day, with a maximum of 50,000 CAD per month.
Any transfer over 500 CAD is free. Transfers below 500 CAD are subject to the following fees:
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