![]() Incoming foreign wire transfer fees are 16 per. Incoming domestic wire transfer fees are 15 per transaction. dollar accounts, the equivalent fee will be charged in the same currency as the account using an exchange rate set by CIBC on a date determined by CIBC.įor more information on service fees: Personal Account Service Fees (PDF, 545 KB) Opens in a new window. To limit delays and ensure the funds reach their intended destination, contact the payee for their financial institutions wiring instructions. Wire transfer fees with Bank of America depend on a number of factors such as whether it is incoming, outgoing, is it a domestic or foreign transfer and what currency the wire needs to be sent in. For wires from foreign currency accounts, including U.S. For incoming wire payments in all other currencies, the fee is converted to the currency of the incoming payment using an exchange rate set by CIBC on a date determined by CIBC and deducted from the incoming payment amount.Ĥ Outgoing wire fees will be charged in Canadian currency. Additional charges may be deducted from the wire payment amount to cover fees charged by intermediaries (such as correspondent banking fees) and/or the receiving financial institution (in the case of an outgoing wire transfer).ģ For incoming wire payments in Canadian and US currency, the wire fee will be charged in the same currency as the incoming payment and deducted from the incoming payment amount. International wire transfer fees are 45 for wires sent in U.S. How much do wire transfers cost Bank of America domestic wire transfer fees are 30 for each outgoing transfer. Must have a CIBC chequing account, savings account, eligible credit card or personal line of credit account to send a CIBC Global Money Transfer.Ģ Most transfers are completed within 1 to 3 business days. Here are the answers to some of the most frequently asked questions regarding wiring money with Bank of America. ![]() ![]() When you use Online Banking to send an international wire in foreign currency, you may be able to get a better exchange rate than in the financial center. A CIBC Global Money Transfer and a foreign exchange transaction count towards your allowable transaction limit and bank account transaction fees may apply. When sending in foreign currency there is no Bank of America outbound wire transfer fee and an exchange rate is locked in upfront. ![]()
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