Use a multi-currency account, from a specialist provider such as Wise or Revolut.You’re not out of luck through – here are some smart ways to cut or avoid international wire fees : There’s often a high transfer fee, plus potential intermediary costs – and you may not get the very best exchange rate on offer either. Sending an international wire with your regular bank can be expensive. How to avoid international wire transfer fees
Once you’re at the branch, a member of the service team will walk you through the payment procedure. It may be more convenient to make an appointment at your local branch before you go there – this will also give you the opportunity to double check all the details you need so you know you have everything prepared before you leave home. If you prefer a face to face service you can also send a Bank of America wire at a branch. You’ll be prompted to check everything over and confirm the transfer – and your money will be on its way. You may need to complete an additional verification step at this stage. Select the Make transfer tab, and enter the amount, currency, recipient and date of the payment. You’ll be asked to complete a verification step at this stage for security reasons. The option to do this is available on screen, simply tap and follow the prompts to add the recipient’s personal and banking information, including the details set out above.
If this is the first time you have sent a payment to this recipient you’ll need to add them to your account. Tap or hover over the Transfer/Zelle menu, and then select Transfer and To/from other banks (includes wires). Log into your Bank of America account in your preferred way.
If you cannot access our website, or you are experiencing difficulties, you can call in for assistance. The cutoff time for international wire transfers is 3 pm ET. Not all account types are eligible for international wires with Capital One, please contact 1-800-655-BANK prior to visiting a branch location if you are a new sender.įor both online and phone channels, the cutoff time for sending domestic wires is 2 pm ET. In order to send a wire transfer to your external linked account, it must have been on file for at least 30 days prior. Please keep the following in mind when preparing to send a wire transfer: You will need your mobile phone in order to authenticate.Įligible recipient types and daily limits The table below indicates sending fees, eligibility, and recipient types.