What is the SWIFT code for Bank of America?

3 minute read

The Society for Worldwide Interbank Financial Telecommunication (SWIFT for short) is a network that enables financial institutions to securely send and receive financial information and transfers all across the world. Founded in 1973 in Belgium, the SWIFT system is currently in use in over 11,000 financial institutions in over 200 countries and territories.

To make sure your money makes it to the right bank account, each bank has its own unique code - a bit like a zip code. Some banks call them SWIFT codes, others call them BICs (Bank Identifier Codes). But if you want your money to end up in the right destination, you’ll definitely need to make sure you’re using the right BIC/SWIFT Code.

What’s the SWIFT/BIC Code for Bank of America (BoA)?

The SWIFT/BIC Code for Bank of America is BOFAUS3N.

Whether you’re making an international wire transfer to a Bank of America account, or if you want to receive money from abroad to your own account, you’ll need this SWIFT/BIC code along with the following information:

Bank NameBank of America
SWIFT/BIC Code for Bank of AmericaBOFAUS3N
Bank of America routing number026009593
Bank address, city & stateBank Of America, N.A., 222 Broadway, New York, Ny 10038, United States Of America
Beneficiary Account NumberComplete Bank of America bank account number of the recipient (including leading zeros)
Beneficiary NameThe name of recipient’s account as it appears on a bank statement

What’s a SWIFT/BIC Code?

The SWIFT/BIC code is a unique set of numbers to identify banks and other financial institutions. Think of it like a postcode or an area code to make sure everything ends up in the right region.

Knowing the correct SWIFT/BIC code for Bank of America is essential for making international wire transfers to and from your Bank of America account.

A SWIFT code is actually a few different parts and consists of 8-11 characters:

  • AAAA - Bank Code
  • BB - Country Code
  • CC - Location Code
  • DDD - Optional Branch Code

What’s the difference between a SWIFT/BIC code, a BIC, an IBAN and a routing number?

While a SWIFT/BIC code is used to identify a specific bank during an international transaction, an IBAN is used to identify an individual account on both the incoming and outcoming ends of the international transaction.

IBAN is short for International Bank Account Number. It’s comprised of a code that identifies the country of the account holder, their bank and the account number itself. A more simplified equivalent of a US bank account number.

All bank accounts within the European Union have them in addition to a handful of other countries like Norway, Switzerland, Liechtenstein, Hungary, and increasingly more over time.

ABA/Routing numbers are the local version of SWIFT/BIC codes in the US. The main thing that sets them apart, however, is that routing numbers are only used in domestic transfer within the US. SWIFT/BIC codes, on the other hand, are mainly used for international money transfers.

Do SWIFT codes change from branch to branch?

SWIFT codes do indeed change a bit from branch to branch. But as long as you have the address for the bank branch you need the money to make it to, you can check the correct SWIFT codes for your specific Bank of America branch online.

What other ways can I send or receive money to my Bank of America account?

If you’re looking for less expensive solutions to pricey international SWIFT transfers, the good news is that there are alternatives.

Consider using TransferWise for a cost-effective solution for your international transfer needs. Regular banks and money transfer services nearly always take a cut from the exchange rate they offer you - meaning the rate you find on Google isn’t the same one you’ll be offered from your provider. TransferWise always offers the real, mid-market rate to make sure you actually get what your money’s worth on the global market.

Not only that, when you use TransferWise there aren’t intermediary banks stuck into the transaction along the way that take costly fees. TransferWise operates in local banks in the local banking systems - cutting out those international intermediary banking fees. You’ll see the fee you’ll be charged upfront, with no surprises at the end.

And if safety is a concern, TransferWise is licensed and regulated like any financial institution and uses strong encryption to keep user information secure.

TransferWise is the smart, new way to send money abroad.

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