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Bank of America Foreign Currency Exchange
|Bank of America foreign currency exchange services are provided through Bank of America Merrill Lynch, which is a renowned participant in the world's currency markets. The Global Foreign Exchange Group of Bank of America trades in over 150 major, minor and exotic currencies with the help of their strong network of 18 worldwide sales and trading centers. Bofa foreign currency services include comprehensive solutions for institutional investors, large corporates and multinationals, rapidly expanding companies and various other financial institutions. Optimizing returns, controlling risk, managing currency exposure, executing international payments, import/export currency exposure management and focused back-up coverage are some of the main objectives of the bank.
Bank of America Foreign Currency Exchange Rates
Foreign currency exchange and transaction services offered by Bank of America are found to be very convenient for the customers of the bank. Bofa foreign currency exchange rates are very affordable and customers can get some of the best foreign currency transaction and conversion rates by making an informed approach. Customers are likely to find some difference in the exchange rates appearing in the daily newspaper and the actual rates offered by the bank. This is because the bank provides retail rates to real customers while those foreign currency exchange rates printed on newspapers are wholesale rates. Bank of America foreign currency exchange rates keep on changing and it is greatly affected by the changes in the economic market.
Bank of America Foreign Currency Exchange Fee
Bofa foreign currency exchange allows the customers to purchase up to $5,000 U.S dollar online by using a Bank of America credit card or an account. In case if a customer wishes to order the currency online then, the money can be shipped to their statement address or to the Bofa banking center of their choice within three business days. Customers are required to know that the deliveries will be charged some fees. Standard shipping for orders less than $1000 will have a delivery charge of $7.50. However, there is free delivery charge for orders over $1000. Orders over $1000 are required to be picked up at Bank of America full service banking center. Customers who want overnight shipping or next day delivery are required to place an order before 2 P.M and they will have to pay a delivery charge of $20 for all orders.
Online ordering of foreign currency at Bank of America can also be done by visiting bankofamerica.com/foreigncurrency/.
Bofa Foreign Currency Exchange Locations
Contact the foreign exchange department of Bank of America by mailing to:
Bank of America
300 S.Grand Ave.
Los Angeles, CA 9007