How Do I Transfer Money Online Using Bank of America?

Customers can easily transfer money online using the mobile banking app and online banking. The Bank of America app or online banking option allows customers to transfer money online. These transfers can occur through Zelle which allows customers to transfer money from one account to another or to other financial institutions. Zelle can also be used as a stand-alone app. Customers are able to complete transfers without paying fees. Bank of America and Zelle make it easy and convenient for customers to transfer money online. Transfers can be person to person or for bill payments. Zelle supports debit cards and checking and savings accounts. Another benefit of using Zelle with Bank of America is higher transfer limits. Although the amounts will vary according to the customer, transfer limits are usually as much as $2,500 per day.

Adam Goldkamp is the editor / author responsible for this content.
Dec 9, 2022

Bank of America customers have several options when it comes to transferring money online. However, those options may vary depending on the type of transaction. Regardless, Bank of America makes it convenient to transfer money using a variety of different methods.

Vist Bank of America Online

Customers can visit the Bank of America site and log in to their account. Customers can select the option to transfer/send. Next, there will be an option to select the account you'd like to transfer money to. Select the transfer to and from options and fill in the requested information. Type in the dollar amount to send. Select the date for the transfer and select continue.

Use the Bank of America Mobile App

Customers can also use the mobile app to make transfers. They can choose both recurring transfers or a one time transfer. Customers will need to take the same steps required when using the Bank of America site. Essentially the process is the same. You can send money to other Bank of America accounts or to other financial institutions. Simply sign in and select the option to transfer.

The Steps

Bank of America allows customers to use Zelle free of charge to make transfers. All you need is a U.S. mobile number or email to make transfers through Bank of America. Both online banking and the mobile app can be used to make transfers. Zelle was developed by banks and can be used as a standalone app or used in conjunction with mobile banking. Zelle can be used in conjunction with debit cards, checking, and savings accounts. The Zelle app allows its users to send more money than usually allowed. The amount a user can send will often be tied to their banking history. Bank of America customers who use Zelle have the option of sending three payments per day, twenty-one transactions weekly, and ninety transactions per month. The transfer caps are 1k daily and $2500 weekly.

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Adam has been tirelessly trying to help customers find the best tips and tricks to get through phone trees and writing many guides for prickly customer service problems. He's been featured in the Wall Street Journal, Inside Edition and Bloomberg.
How Do I Transfer Money Online Using Bank of America?

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