Bank of America Swift Code
Bank of America was birthed in 1998 when Nation Bank acquired Bank America in 1998. Bank of America is a multinational investment bank and financial service provider and is headquartered in Charlotte with central offices in London, Toronto, Hong Kong, Minneapolis and New York City. Its financial services include asset management, commercial banking and investment banking. A strand of the bank’s history goes all the way back to 1904 when Bank of Italy was set up to facilitate the Italian immigrants that faced discrimination when it came to availing banking services. The bank was originally situated in San Francisco when Gianni acquired Bank of America and Italy in 1922.
|Bank Name||Bank of America|
|Branch Address||222 Broadway|
Bank of America Services & Products
Bank of America commands a network of 4600 branches and approximately 16,000 ATM’s. This widespread network enables the customers to use the network for their convenience. It provides a wide range of services to its customers such as:
- Consumer Banking
- Customer Banking
- Investment Banking
- Mortgage Loans
- Private Banking
- Private Equity
- Wealth Management
- Credit Cards
These services combined with the widespread network of branched make the customers use the services of Bank of America over the rest of the banks in the country as well as abroad.
Bank of America’s Achievements
Bank of America has a market capitalization of $313 billion which makes it the 13th largest company in the whole world. One of the reasons behind the success of Bank of America is that it caters to the middle class and due to that it boasts a major chunk of the market share since the last century. Bank of America has managed to win several awards such as ‘World’s Best Bank’ by Euro money Institutional Investor, it won the award back in 2018 and other than this the bank has won several international awards for the services that it provides to its customers.
Swift Code Bank of America
Bank of America uses the SWIFT network to communicate back and forth between other banks and you can find the SWIFT codes for Bank of America right here. SWIFT stands for Society for Worldwide Inter bank Financial Telecommunications and is headquartered in Belgium. Every branch of a bank is given a unique SWIFT code that is unique to that branch and using this code the banks can log on to the SWIFT network and send as well as receive information about the wired transactions. These codes are used for transferring money between banks especially when it comes to international wires and sometimes these codes can be found on account statements.
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