Does Bank Of America Work With Zelle In 2023?

If you're looking for a convenient way to send money to family and friends, you might have heard of Zelle.

Zelle is a popular person-to-person payment service that allows you to send and receive money quickly and easily.

But does Bank of America offer Zelle? Let's find out.

Zelle & BofA

The short answer is yes, Bank of America does offer Zelle.

In fact, Bank of America was one of the original members of the Zelle network when it was launched in 2017. This means that if you have a Bank of America account, you can easily use Zelle to send and receive money with other Zelle users.

To use Zelle with Bank of America, you'll need to have an active Bank of America account, and you'll also need to enroll in Zelle through the Bank of America mobile app or online banking.

Once you've enrolled, you can send money to anyone with a US-based bank account using only their email address or phone number.

How To Send Money

The process of sending money with Zelle is straightforward:

1. First, you'll need to select the recipient and enter the amount you want to send.
2. You'll then have the option to add a note to the transaction if you like.
3. Once you're ready to send, simply confirm the details and the money will be sent instantly.
4. The recipient will receive a notification and can then accept the money into their own bank account.

Final Thoughts

One of the advantages of using Zelle with Bank of America is that there are no fees for sending or receiving money.

However, it's important to note that there are some limits on how much you can send and receive through Zelle.

Bank of America's daily transfer limit is $2,500 per day for personal banking customers and $5,000 per day for small business customers.

There is also a monthly limit of $10,000 for personal banking customers and $25,000 for small business customers.

Overall, Zelle is a convenient and easy-to-use payment service that can be a great option for anyone who needs to send or receive money quickly.

And if you have a Bank of America account, you can easily enroll in Zelle and start using it today.

This article was generated using automation technology, and thoroughly edited and fact-checked by an editor on our editorial staff.