Bank of America Corporation is a multinational banking and financial services corporation headquartered in Charlotte, North Carolina.

BBAN (Basic Bank Account Number) which represents a country-specific bank account number. The BBAN is the last part of the IBAN when used for international funds transfers. Every country has it’s specific BBAN (Basic Bank Account Number) format and length depending on it’s own standards. Currently there is no common EU or other standard unifying the BBAN (Basic Bank Account Number). This is where the BBAN (Basic Bank Account Number) was introduced to help standardise international bank transfers.

Bank profile
Type Public company
Traded as NYSE: BAC
S&P 100 Component
S&P 500 Component
ISIN US0605051046
Industry Banking, Financial services
Predecessor Bank America
NationsBank
Founded October 17, 1904; 112 years ago (as Bank of Italy)
February 1930; 87 years ago (as Bank of America)[1][2]
October 2000; 16 years ago (current)
Founder Amadeo Giannini
Headquarters Charlotte, North Carolina
Number of locations 4,600 retail financial centers & approximately 15,900 automated teller machines
Area served Worldwide
Key people Brian Moynihan
(Chairman and CEO)
Products Consumer banking, corporate banking, insurance, investment banking, mortgage loans, private banking, private equity, wealth management, credit cards,
Revenue US$89.701 billion (2016)
Net income US$17.906 billion (2016)
AUM US$886.148 billion (2016)
Total assets US$2.187 trillion (2016)
Total equity US$266.84 billion (2016)
Owner Berkshire Hathaway (7.09%)
Number of employees 208,000 (2016)
Divisions Bank of America Home Loans, Bank of America Merrill Lynch
Subsidiaries Merrill Lynch
Merrill Edge
U.S. Trust
Capital ratio 10.8% (2016)
Rating Long Term Senior
Moody's: Baa1 (10/2016)
S&P: BBB+ (10/2016)
Fitch: A (10/2016)