Bank of America is an American multinational banking and financial services corporation headquartered in Charlotte, North Carolina. The Bank was established on October 17, 1904.

It is the second largest bank holding company in the United States by assets.

Electronic Fund transfers

With Bank of America's transfer service you can securely send money to friends, family or coworkers using an email address or mobile phone number.

Using Online Banking or your Mobile Banking app you can easily make email and mobile transfers on the go with no fee.

Wireless carrier fees may apply.

With Online Banking, you can make the following types of electronic funds transfer:

Between accounts you own at Bank of America

Make transfers from checking and savings to:

Eligible checking and savings
Line of credit
Credit card
Retail loans and mortgages
Investments

Make transfers from line of credit to:

Checking and savings
Line of credit
Credit card
Retail loans and mortgages

Make transfers from credit card to:

Checking and savings

Make transfers from investment to:

Checking and savings (only individual brokerage accounts and joint tenants with rights of survivorship brokerage accounts are eligible for Online Banking transfers.)

From your personal account(s) to the personal account(s) of other Bank of America customers

Make transfers from checking and savings to:

Checking and savings

Make transfers from line of credit to:

Checking and savings

Between your personal Bank of America account(s) and in-network account(s) at other financial institutions, if you sign up for the email and mobile transfer service

Make transfers from checking and savings to:

Checking and savings

Between your personal Bank of America account(s) and the personal account(s) you own at other financial institutions, if you sign up for the transfers the outside Bank of America service area

Make transfers from line of credit to:

Checking and savings

Between your personal Bank of America account(s) and in-network account(s) at other financial institutions, if you sign up for the email and mobile transfer service

Make transfers from checking and savings to:

Checking and savings

Between your personal Bank of America account(s) and the personal account(s) you own at other financial institutions,if you sign up for transfers outside Bank of America service area

Make transfers from checking and savings to:

Checking and savings
Investments

Make transfers from investments to:

Checking and savings

Transfers with investment accounts you own at other financial institutions are available based on a defined list of investment firms within Online Banking.

Transfers with investment accounts you own at Bank of America are only permitted with internal deposit accounts.