To receive money internationally to your Boa account, you must have your bank of America swift code.
International wire transfer is one of the fastest way to receive money from foreign countries. Banks use SWIFT network for exchanging messages required for performing international wire transfer. Usually, the receiving bank (in USA) and the sending bank (in other country) need to have a direct arrangement in place to start the swift transfer – this is sometimes referred to as correspondent banking.
A Swift code is an international bank code that identifies particular banks worldwide like the bank of America swift code. It’s also known as a Bank Identifier Code (BIC). The full meaning of the SWIFT acronym is Society for Worldwide Interbank Financial Telecommunication which is the body / organization that handles & monitors transaction between International Banks.
SWIFT Codes are used when transferring money between banks, particularly for International wire transfer. Banks also use the codes for exchanging messages between themselves.
A SWIFT Code usually consists of 8 or 11 characters. When it is 8 characters, it refers to the primary office or headquarter. But when it is 11 characters, it refers to the branch office of that particular Bank.
First 4 characters – bank code (only letters)
Next 2 characters – ISO 3166-1 alpha-2 country code (only letters)
Next 2 characters – location code (letters and digits) (passive participant will have “1” in the second character)
Last 3 characters – branch code, optional (‘XXX’ for primary office) (letters and digits)
Whether you’re making an international wire transfer to a Bank of America account, or if you want to receive money from abroad to your own account, you’ll need bank of America SWIFT code or BIC code
What is Bank of America Swift Code
SWIFT/BIC Code for Bank of America is BOFAUS3N.
To receive international wire transfer in your Bank of America account, please use the following wire instructions:
Bank Name : Bank of America NA
SWIFT Code for Bank of America NA: BOFAUS3N [for US dollars (USD) or unknown currency]
BOFAUS6S [foreign currency (non-USD) denominated wires]
Routing Transit Number: 026009593
Bank address, City & State : Bank of America, N.A.
New York, NY 10038
(regardless of where your account is located)
Beneficiary Account Number : Your complete Bank of America NA account number
(including leading zeros)
Beneficiary Name: The name of your account as it appears on your statement
Again bank of America swift code is BOFAUS3N which is for international wire transfer.