Transfer Money in Bank of America Online Banking (2026 Guide) | How to Move Funds

To transfer money, first log in to your Bank of America online banking portal or mobile app and select the Pay & Transfer tab from the main navigation menu. This 2026 guide provides the fastest way to move funds between your own accounts, send money to other banks, or pay friends and family using the latest digital interface and security protocols. Steps to Transfer Between Your Own Accounts Log In: Sign in to the Bank of America website or app using your Online ID and Password (or biometric Face ID). Navigate: Click the Pay & Transfer tab and select "Transfer between my accounts." Choose Accounts: Select the "From" account (where the money is coming from) and the "To" account (your destination checking, savings, or Merrill investment account). Enter Details: Input the transfer amount and choose the frequency (One-time, Recurring, or Future-dated). Review and Submit: Confirm the transaction details. Most internal transfers in 2026 are processed instantly. Steps to Transfer to Other People or External Banks Zelle® for Individuals: For near-instant transfers to friends, select "Send money with Zelle®." Enter their U.S. mobile number or email. In 2026, Zelle remains the fastest fee-free option for personal transfers. ACH for External Banks: To move money to your own account at another bank, select "To/from other banks (ACH)." You will need to add the external routing and account numbers. Verification typically takes 1–2 business days via trial deposits or instant linking. Wire Transfers: For large or international sums, select "Wire/ACH" then "Start a Wire." Provide the recipient's full bank details, including the SWIFT/BIC code for international payments. Important 2026 Limits & Fees Internal Transfers: Unlimited and free between your linked Bank of America and Merrill accounts. Zelle Limits: Typically $1,000 to $3,500 per 24 hours, depending on your account tier and history. External ACH Limits: For most users, the standard limit is $3,000 per day and $10,000 per week, though Preferred Rewards members may have significantly higher caps. Wire Fees: Domestic outbound wires carry a $30 fee, while international wires in USD cost $45. International wires sent in foreign currency often have a $0 fee in 2026, though exchange rate markups apply. Cutoff Times: For same-day processing, internal transfers should be made by 10:45 PM ET. External ACH transfers usually require submission by 8:00 PM ET. Mastering these transfer tools ensures you can manage your cash flow and fulfill payment obligations with total security and speed. If this walkthrough helped you move your money today, please hit the like button and subscribe for more updated Bank of America tutorials and financial tech tips. #BankOfAmerica #MoneyTransfer #BofAApp #Zelle #DigitalBanking #PersonalFinance #TechGuide #OnlineBanking #FinanceTips #WireTransfer #ACHTransfer #Banking2026 #iPhoneBanking #MerrillLynch