payments & transfers – online banking Transferring money

Make real-time transfers1 between your accounts to save for that special purchase or cover an unexpected expense.

Screens simulated for illustrative purposes only. Actual experience may differ.

Step 1

Log in to Online Banking.

Screen shot of the Bank of America Online Banking web site, log in fields highlighted

Step 2

Click on the Pay & Transfer tab.

Screen shot of the Bank of America Online Banking web site, Pay & Transfer tab highlighted

Step 3

Select Transfer between my accounts.

Screen shot of the Bank of America Online Banking web site, Pay & Transfer screen, Transfer between my accounts highlighted

Step 4

Select the account you will transfer money FROM. You can transfer between your Bank of America banking, Bank of America Private Bank, and Merrill investment accounts.1

Screen shot of the Bank of America Online Banking web site, Pay & Transfer screen, select an account to transfer from drop-down menu highlighted

Step 5

Select the account where you would like the money to be transferred TO. You can transfer to your Bank of America banking, Bank of America Private Bank, and Merrill investment account.1

Screen shot of the Bank of America Online Banking web site, Pay & Transfer screen, select an account to transfer to drop-down menu highlighted

Step 6

Enter the Amount you would like to transfer.

Screen shot of the Bank of America Online Banking web site, Pay & Transfer screen, field for entering transfer amount highlighted

Step 7

Select the desired Frequency. You can transfer money immediately or schedule a transfer or recurring payments. Once you select Frequency, add your desired dates. Transfer options may vary based on the account you’re moving money to. For this demo, we will select a one-time immediate transfer.

Screen shot of the Bank of America Online Banking web site, Pay & Transfer screen, drop-down menu to select transfer frequency highlighted

Step 8

Click Next.

Screen shot of the Bank of America Online Banking web site, Pay & Transfer screen, Next button highlighted

Step 9

Confirm that all of the details of your transfer are correct. Click Transfer.

Note: If you are scheduling  a future or recurring transfer, you would click Schedule.

Screen shot of the Bank of America Online Banking web site, Pay & Transfer, Review transfer details screen, Transfer button highlighted

Step 10

You will receive a confirmation message. Immediate, scheduled, and recurring transfers will be displayed in your Pay & Transfers Activity section (click Go to Activity to view).

Screen shot of the Bank of America Online Banking web site, Pay & Transfer, transfer success screen, confirmation message highlighted

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