xtransfer
  • Products & Services
  • About Us
  • Help & Support
global englishGlobal (English)
Create account
All articles/Article detail

Routing Number for Bank of America Maryland

Author:XTransfer2024-05-24

Nice to meet you! Let XTransfer share some information with you!

The routing number for Bank of America in Maryland is 052001633. Just provide the remittance number, the recipient's account number, and the address of the U.S. bank to complete the transfer.

What is BoA Routing Number?

Accuracy of routing number is so much important when making cross-border payments. The BoA routing number refers to the routing number of Bank of America (BoA). BoA is one of the major financial institutions in the United States. It gives specific routing numbers per state to ensure smooth and accurate transaction chain. The routing number is to facilitate various financial activities such as bank transfers and direct deposits. If you need more information of BoA routing number, please continue to read for further information.

Why is the routing number so inportant in bank transaction?

1)The provider and structure of a routing number. In general, a routing number consists of nine digits. American Bankers Association assigns this nine-digit code to each financial institutions aiming at distinguishing them from each other. You can also find some others often call it as an ABA routing number or RTN (routing transit number).

2)The advantages of using a routing number. Because the number is a 9-digit code, when you are doing direct deposits such as payroll, refunds, or government benefits, this code would simplify the process, as well as eliminate the disadvantages of on-site inspection. Thus it can facilitate the movement of electronic money to the designated account.

3)Only an ABA number is not enough for international transaction. A fomal and most standardised reansaction requires additional information such as SWIFT code or BIC code. So, in cross-border transactions, you need to ensure the banks of both side are providing accurate codes and information to avoid delays or errors.

So much for today's topic! XTransfer is a reliable platform for cross-border transactions. If you are seizing for such a platform which provides secure and smooth cross-border transaction, we shoud be a good choice!

 

Previous article
Next article