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What are the fees for wire transfers in Bank of America when buying cryptocurrencies?

avatarabdiwasacDec 26, 2021 · 3 years ago3 answers

Can you provide details on the fees charged by Bank of America for wire transfers when purchasing cryptocurrencies?

What are the fees for wire transfers in Bank of America when buying cryptocurrencies?

3 answers

  • avatarDec 26, 2021 · 3 years ago
    When 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.
  • avatarDec 26, 2021 · 3 years ago
    Bank 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.
  • avatarDec 26, 2021 · 3 years ago
    When 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.