Bank of America Money Transfers Complaint

International money transfer Wrong amount charged or received

Bank of America Money transfers department,

International money transfer Wrong amount charged or received

We transferred money from our - to our US bank account. Most banks operated with an exchange rate of - the day the transfer was made ( -/-/2015 ), the highest exchange rate we have seen that day was -. Bank of America on the other hand gave us an exchange rate of -. This made the transfer about 260 dollars less than expected. After complaining to Bank of America they gave us 130 dollars back, an exchange rate of -. We still mean this is far to high considering the exchange rate - -. 2015. They also informed us that their exchange rate is higher the higher the transferred amount is, and we want to complaint about this arbitrary way of setting the rate.

Bank of America customer in
Apr 23, 2015

* Source: CFPB Complaint Database

Bank of America response to complaint:
Closed with monetary relief

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Contact Bank of America

https://www.bankofamerica.com/
(704) 386-5681
100 N Tryon St Ste 220
Charlotte NC 28202
Bank of America
Bank of America

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