When transferring money between banks, the sending bank has to have some way to identify the bank it’s transferring the funds to. In the case of international money transfers, banks use a SWIFT code, which is a bank identification code (BIC) that uniquely identifies the receiving bank. Here’s everything you need to know about your Bank of America SWIFT code, including how this number is different from your routing number.
This guide to Bank of America SWIFT codes will address the following:
- What Is a SWIFT Code?
- How To Find Your Bank of America SWIFT Code
- How Is Your Bank of America SWIFT Code Used?
- Bank of America SWIFT Code vs. Routing Number
A SWIFT code — also known as a bank identifier code — is used for international wire transfers. The code identifies the bank where the money is being sent.
Here’s a breakdown of the characters used in Bank of America’s SWIFT code and what they mean:
- Characters one through four: Identify Bank of America using an abbreviation of the bank’s name
- Characters five and six: Two-letter country code identifying the United States as the country where Bank of America is located
- Characters seven and eight: Two-character code representing the city where Bank of America’s head office is located
Bank of America has two SWIFT codes — one for U.S. dollars and one for foreign currency. If you’re unsure of the type of currency in your account, you should default to the SWIFT code for U.S. dollars, according to Bank of America.
You can find Bank of America’s SWIFT codes here.
|Bank of America SWIFT Codes and Relevant Information|
|SWIFT Codes||U.S. Dollars: BOFAUS3N
Foreign Currency: BOFAUS6S
|Bank of America’s address for incoming wires in U.S. dollars||Bank of America, NA
New York, New York 10038
|Bank of America’s address for incoming wires in foreign currency||Bank of America, NA
555 California St
San Francisco, CA 94104
|Information you’ll need to provide||You will need to provide your bank account number, the type of currency in your account and the purpose of the wire.|
|Bank of America Wire Transfer Fees||Incoming domestic wire: $15
Incoming international wire: $16
Outbound domestic wire: $30
Outbound international wire, foreign currency: $35
Outbound international wire, U.S. dollars: $45