international wire transfer fee bank of america

Incoming wire transfers tend to be cheaper than outgoing wire transfers. When assessing these fees, how much you’ll pay depends on where you’re sending money to and other elements like:

To make your decisions a bit easier, we’ve gathered wire transfer fees for several US banks below. Up to $15 for requesting tracing services for a previous wire transfer. $10 to $35 that depends on how you make your transfer, for example, in a branch or over the phone. $35 to $65 for sending money to an overseas bank account - if it’s offered at all. $15 to $20 for receiving money from an overseas bank account. $20 to $25 for sending money to another US bank account. $15 to $20 for receiving money from another US bank account. International transfers involve banks and wire processing services for each country - and with more banks come more fees.īased on our research from 11 US banks, these are the average fees you can expect for wire transfers: Generally, it’s cheaper to send money domestically because fewer financial systems are involved. Some banks charge more depending on how you initiate the wire transfer - for example, online or in person. The fees your bank charges depend on whether you’re sending or receiving the money, as well as whether the recipient or sender is overseas. You may also be subject to foreign transaction, minimum balance and other fees - and some banks waive fees depending on your account status. We’ve gathered the wire transfer fees charged by 11 major US banks. We’ve researched the wire transfer fees of some of the top banks in the US to show how they compare against one another and against independent money transfer services. Your local bank branch offers an easy way to send money overseas straight out of your account, but often there are high fees attached to this convenience. All international money transfer services.

International wire transfer fee bank of america