Best way to transfer Indian rupees to Bank of America?
I am travelling to USA for a stay about 1 year. I have recently opened an account in the bank of America. Now I want to deposit some cash for my stay in the same account. Please let me know the best possible way I can deposit my liquid INR to US$ in the bank of America account.
Best Answer
If you are still in India, then have your bank wire the funds to your account in the USA. Not sure what all your bank in India might require, but usually it is the SWIFT code for BoA, your account number and perhaps the branch your account was opened at.
If you are in the USA already, take your cash to the bank. When I had an account at BoA, they would accept foreign cash for deposit in my account. It usually took a few days before being fully credited as they had to send the currency to their foreign exchange center and the exchange rate was determined the day it actually made it there.
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Can I transfer money from Indian bank to Bank of America?
To transfer money online from India to the US, visit their website, and enter your bank details, your beneficiary bank details, provide ID proofs, and other verification if necessary. The money is transferred in 2 days. There are no foreign transaction fees.How do I receive international money Bank of America?
You will need to provide your account number and wire transfer routing number. For incoming international wires, you will also need to provide the appropriate SWIFT Code. Bank of America's SWIFT code BOFAUS3N should be used for incoming wires in U.S. dollars.Does Bank of America charge for international wire transfers?
International wire transfer feesIf you send an international wire transfer in the foreign currency, Bank of America charges a $35 fee per transfer. If you send an international wire transfer in U.S. dollars, Bank of America charges a $45 fee per transfer.Cheapest International Money Transfer from India to USA Canada | Any Country Any Purpose Remittance
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