What are the fees for wire transfers in Bank of America when buying cryptocurrencies?
Dowd GreenwoodJun 04, 2022 · 3 years ago3 answers
Can you provide details on the fees charged by Bank of America for wire transfers when purchasing cryptocurrencies?
3 answers
- Rohith GantaJul 08, 2024 · a year agoWhen it comes to wire transfers in Bank of America for buying cryptocurrencies, there are a few fees to consider. Bank of America charges a domestic wire transfer fee of $30 for outgoing transfers and $15 for incoming transfers. For international wire transfers, the fee is $45 for outgoing transfers and $16 for incoming transfers. It's important to note that these fees are specific to wire transfers and may not include additional fees charged by the cryptocurrency exchange or platform you are using. It's always a good idea to check with your bank and the exchange for a complete understanding of the fees involved.
- LARA 31129Dec 07, 2021 · 4 years agoBank of America's wire transfer fees for purchasing cryptocurrencies vary depending on whether the transfer is domestic or international. For domestic transfers, the fee is $30 for outgoing transfers and $15 for incoming transfers. International transfers have a fee of $45 for outgoing transfers and $16 for incoming transfers. Keep in mind that these fees are in addition to any fees charged by the cryptocurrency exchange or platform you are using. It's important to factor in all costs when considering wire transfers for buying cryptocurrencies.
- dohyeopsongApr 07, 2025 · 5 months agoWhen it comes to wire transfers in Bank of America for buying cryptocurrencies, the fees can add up. For domestic transfers, Bank of America charges $30 for outgoing transfers and $15 for incoming transfers. If you're looking to make an international transfer, the fees increase to $45 for outgoing transfers and $16 for incoming transfers. These fees are in addition to any fees charged by the cryptocurrency exchange or platform you are using. It's important to consider these costs when deciding on the best method for purchasing cryptocurrencies.
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