Bank of america wire transfer reddit code#

You don't have to include any correspondent/intermediary/pay through bank information in the Transaction description.įor me, wire tansfer at BOA is $30 and then Coinbase charges $10. They are unwieldy.) I recently opened account on both kraken and for me, process went better with kraken. So no, Kraken's suggestion that wire transfers are a solution is not accurate. This is a good place to include information such as invoice numbers or the reason for the payment. Bank of America charges 3 for a 3-business-day deposit, and 30 for its fastest deposit. There’s an estimate on the app before you send it. Somtimes it takes a couple of minutes, other times it takes hours. You can use Transaction descriptions for same business day transfers or wire transfers. Yes, I transfer frequently from Wise to my BPI account. But, you can view your description for your records on the Review Transfer tab up to 180 days. You can't send Transaction descriptions on Next business day and 3 business day transfers. Use the Transaction description like the Memo line on paper checks. If you select next day ACH or 3 business days, the description is not provided to Coinbase. That section is only when you do a wire transfer.

Bank of america wire transfer reddit code#

After you set up the recipient and you go to make transfer, there is a 'Description (optional)' section to add your code from Coinbase. This is not where you add your unique code. You are on the set up page for the recipient (Coinbase).