Bank of America domestic and international wire fees for San Francisco businesses

By Pablo Diaz · I left BoA after years as a customer. Read the full story →

In San Francisco, CA, the cost of staying with Bank of America vs switching depends mostly on how much you pay in monthly + transaction fees. This page maps out exactly what BoA charges per category, where the waivers apply, and where the regulators have stepped in.

Domestic and international wire fees

Bank of America wire transfer fees per their published schedule: roughly $30 per outgoing domestic wire and $45 per outgoing international wire. Incoming wires typically run $15. For a San Francisco business that sends a handful of vendor wires per month, this adds up to several hundred dollars annually. Mercury offers free domestic wires on most plans; RHO offers free outgoing wires on most tiers. If wire volume is meaningful for your business, the fee differential alone often justifies switching. BoA fee schedule source: https://www.bankofamerica.com/smallbusiness/business-financing/checking-accounts/

San Francisco context

Local context for San Francisco: most software-driven business banks (Mercury, RHO, Novo, Relay) charge $0 standard monthly fee. BoA's $16/mo Business Advantage Fundamentals is the structure most San Francisco customers compare against.

Public regulator record on BoA fees

• CFPB 2023 enforcement order — $250M total — junk fees, double-charged overdraft fees, withheld credit-card rewards, fake accounts.
• CFPB Consumer Complaint Database — Bank of America — public, searchable, tens of thousands of complaints (a large share fee-related).
• BoA business checking fee disclosure — source-of-truth for current published rates. Verify before acting.

If you want to dispute a BoA fee in San Francisco

1. Pull the statement showing the fee. Screenshot it.
2. Compare against BoA's published fee schedule. If it does not match, document the discrepancy.
3. Request a written explanation through BoA secure message. Save the response.
4. If the explanation is unsatisfactory, file a CFPB complaint at consumerfinance.gov/complaint with the documentation. Free, public, and tends to get a documented response.
5. For overdraft-fee disputes specifically: reference the CFPB 2023 order in your complaint if your situation matches the practices it cited.

Other CA cities

• BoA fees in San Jose, CA
• BoA fees in Oakland, CA
• BoA fees in Fremont, CA
• BoA fees in Santa Rosa, CA
• BoA fees in Hayward, CA
• BoA fees in Sunnyvale, CA
• BoA customer-experience review for San Francisco →
• San Francisco consumer-banking rights →
• Compare 50+ business banks for San Francisco (Noizz) →