Bank Of America Daily Transfer Limit

will you plz let me know about Bank Of America Daily Transfer Limit , as my cousin asking me for the same bcoz he open newly account in this bank ??

[Arvind Kumar]

Bank of America Corporation is a multinational banking and financial services corporation headquartered in Charlotte, North Carolina, United States.

As you asked I am telling Transfers submitted to the accounts of other Bank of America customers may not total more than $1,000 during any 24-hour period or $2,500 during any 7-day period for personal accounts.

Bank profile:

Type Public
Traded as NYSE: BAC
S&P 100 component
S&P 500 component
ISIN US0605051046
Industry Banking, Financial services
Predecessor Bank America
NationsBank
Founded October 17, 1904; 113 years ago (as Bank of Italy)
February 1930; 88 years ago (as Bank of America)
October 2000; 17 years ago (current)
Founder Amadeo Giannini
Headquarters Charlotte, North Carolina, U.S.
Number of locations 4,600 retail financial centers & approximately 15,900 automated teller machines[3]
Area served Worldwide
Key people Brian Moynihan
(Chairman and CEO)
Products Consumer banking, corporate banking, insurance, investment banking, mortgage loans, private banking, private equity, wealth management, credit cards,
Revenue US$87.352 billion (2017)
Net income US$18.232 billion (2017)
Total assets US$2.281 trillion (2017)
Total equity US$267.14 billion (2017)
Number of employees 208,000 (2016)
Divisions Bank of America Home Loans, Bank of America Merrill Lynch
Subsidiaries Merrill Lynch
Merrill Edge
U.S. Trust
Capital ratio 10.8% (2016)
Rating Long Term Senior
Moody's: Baa1 (10/2016)
S&P: BBB+ (10/2016)
Fitch: A (10/2016)