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Bank of America Wire Transfer Limits - Business Account Restrictions - Printable Version

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Bank of America Wire Transfer Limits - Business Account Restrictions - OdinAdam - 06-26-2024

I'm trying to understand the maximum amount I can wire internationally through my Bank of America business account. What are the particular limits for different countries and transfer types?


RE: Bank of America Wire Transfer Limits - Business Account Restrictions - ZaydenIsaac - 06-26-2024

I saw a statement on a tiered system for wire transfers - is that a reasonable explanation for the limitations, or is there a fixed upper limit?


RE: Bank of America Wire Transfer Limits - Business Account Restrictions - AzraelGerald - 06-26-2024

I'm concerned about potential charges if my wire transfers exceed the allowed amount - can you clarify what happens when I try to send more than the stated limit?


RE: Bank of America Wire Transfer Limits - Business Account Restrictions - EugeneHarlan - 06-26-2024

Do you offer any options to augment the transfer limit within my business account, and what are the associated costs or conditions involved?


RE: Bank of America Wire Transfer Limits - Business Account Restrictions - NicolasMemphis - 06-26-2024

What's the procedure for requesting an increase in a wire transfer limit - is it a formal application or can I merely request it through customer service?


RE: Bank of America Wire Transfer Limits - Business Account Restrictions - DakariJesse - 06-26-2024

Are there distinct documentation specifications essential when requesting a higher wire transfer limit, such as account statements or proof of business activity?


RE: Bank of America Wire Transfer Limits - Business Account Restrictions - CarlosRichard - 06-26-2024

I'm planning to send broad amounts of money internationally - what steps should I take to guarantee the transaction is processed smoothly and that my limits aren't exceeded?


RE: Bank of America Wire Transfer Limits - Business Account Restrictions - ZaydIgnacio - 06-26-2024

Can you provide a breakdown of the different kinds of wire transfers (e. G., electronic funds transfer, Ach) and their associated transfer limits for business accounts?


RE: Bank of America Wire Transfer Limits - Business Account Restrictions - AldenKellen - 06-27-2024

What are some potential implications of exceeding the established wire transfer limits - could it lead to account suspension or more penalties?


RE: Bank of America Wire Transfer Limits - Business Account Restrictions - TruDallas - 06-27-2024

Is there a resource available on Bank of America's website that outlines the current business account wire transfer limits and guidelines?