Crucial tips on how to save money on international money transfers.
If you’ve recently relocated, access to funds may be delayed or unavailable without a local bank account. It’s often the same when you’re traveling to a country where bank cards aren’t widely accepted and ATMs charge hefty withdrawal fees.
Heading overseas? Whether you’re traveling for business, pleasure, or to see family, there’s one thing you don’t want coming home with you: surprise fees. Foreign transaction and currency conversion fees can sneak up on you like jet lag, quietly inflating your spending. However, with a bit of planning, you can dodge most of them.
If you’re planning an overseas trip or shopping from international websites, chances are you’ll rely on your debit card for purchases or grab cash from an ATM. And if you’re a Chase customer, well, you’ll probably want to use your Chase debit card. It’s convenient and widely accepted. Plus, it feels safer than carrying large amounts of cash.
If you are in the United States, you’ve likely encountered individuals and businesses using Zelle to send money or process payments. Fast outpacing Venmo and PayPal, Zelle has registered the highest ever total transaction volume for P2P payments, processing over $1 trillion in 2024 alone.
Whether you're budgeting for the week, traveling internationally, or just wondering, "How much can I withdraw from a BofA ATM?", understanding your Bank of America ATM withdrawal limit is essential.