Is there a step-by-step guide on wiring money from Bank of America to Coinbase for purchasing cryptocurrencies?

1 answers

• Dec 17, 2021 · 3 years ago
  Sure thing! Here's a step-by-step guide on wiring money from Bank of America to Coinbase for purchasing cryptocurrencies: 1. Log in to your Bank of America online banking account. 2. Navigate to the 'Transfers' section and select 'External Transfers'. 3. Add Coinbase as a new payee by providing the required details, such as the account holder name and account number. 4. Verify the payee information and save it for future use. 5. Initiate a wire transfer by entering the amount you want to send and selecting the appropriate Bank of America account. 6. Review the transaction details and confirm the transfer. 7. Wait for the wire transfer to be processed, which typically takes a few business days. 8. Once the funds are successfully transferred to Coinbase, you can use them to purchase cryptocurrencies. Please note that wire transfer fees may apply, so it's advisable to check with Bank of America for the exact charges and terms.
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