How To Wire Money Online To A Bank Account
You can either use your bank s transfer service or a non bank transfer service like western union.
How to wire money online to a bank account. Please have the following information available to initiate the wire transfer. To transfer money to a bank account use your own bank s transfer service. You can choose to send money to your own account another recipient or even a business all from within the boa online portal. And this applies to both domestic and international wire transfers.
To send wire transfers you must be a u s. What this means is that you may be able to login to your online bank account and choose an option to send money to your recipient s bank account by filling in only their name the amount their ach routing number and account number without ever visiting a bank branch. A wire transfer is one of the fastest ways to transfer money electronically from one person to another through a bank or a nonbank provider such as transferwise and western union. Bank of america makes it easy to wire money online right inside your boa bank account.
Wiring money is a way to transfer money from one person to another or from one account to another. An electronic payment using a money transfer service such as western union which might use somebody s bank account the exact process will depend on which type of transfer you use but the wire transfer process as defined here concerns a bank to bank or credit union transfer of money. After your wire transfer is sent your bank will provide a confirmation number to you. Give the agent the applicable funds including transaction fee and pay with cash.
Sending money by wire transfer is fast but can be expensive. Before sending the money to another account a state issued id if wiring in person or verification information if wiring over the phone or internet will be required to complete the transaction. If your bank doesn t offer bank to bank transfers or if you need to send money to somebody else person to person p2p payment tools may provide what you need. 2 go directly to the counter with your id my wu number or phone number and bring your receiver s information.
Simply follow the steps in article how to schedule an appointment at a u s. The transfers can take an hour to several days depending on the service. Bank customer with an active deposit or credit account with us. To set up your accounts link your bank account to the app or service using your checking account and routing numbers the same way you link accounts from separate banks.