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Bank of America has its own application that will help you do various banking transactions. One of them is transactions, we explain how to do them.
One of the largest financial institutions in the United States is Bank of America, which has thousands of branches throughout the country.
It is also one of the safest banks, as it is part of the Federal Deposit Insurance Corporation (FDIC), which makes it easy to make financial transactions from any digital device that has a built-in camera.
How easy is it to make transactions from the Bank of America app?
Its mobile application is very intuitive, and it will just notify you when you have reached your monthly deposit limit. If you want to make a transfer, they will go through immediately, although you must pay attention to the time you make it, because if you make it after 8:00 at night, it will be available until the next business day .
The time will also depend on the time zone in which you opened your account, the type of deposit you are making and when you make the payment. For example, check deposits made before cut-off time on a business day will be available the next business day.
What are the cut-off times according to the time zone
According to Bank of America, they are the following:
- East Zone: 9:00 pm ET
- Central Zone: 9:00 pm ET
- Mountain Zone: 8:00 pm PT
- Pacific Zone: 8:00 pm PT
- Zone of New Mexico, Western Kansas and El Paso, Texas: 9:00 pm ET
You should be aware that under Bank of America’s Deposit Agreement and Disclosure, there may be instances where the availability of funds is delayed. You will always be notified the next business day, as well as the reasons for the event.
The Bank of America app can be found on Google Play and the App Store. In addition to making bank transfers, it allows you to check your account activity, check your balances, keep track of your credit cards and loans, send money through Zelle , pay bills, among others.