Anúncios
The Bank of America originated from the Bank of Italy, founded in San Francisco in 1904 by Amadeo Pietro Giannini. It was created with the mission of serving immigrants and other groups ignored by the traditional banks of the time. After the devastating 1906 San Francisco earthquake, Giannini established a temporary bank, using a plank on two barrels, to aid in the city’s reconstruction. This gesture solidified the bank’s reputation and highlighted its ability to provide financial services in times of crisis.
In 1928, the Bank of Italy merged with the Bank of America, Los Angeles, thus expanding its customer base and banking network. The bank was renamed Bank of America in 1930, marking the beginning of significant expansion. During this period, the bank not only increased its geographic presence but also introduced new banking services, solidifying its position as an innovative and accessible financial institution for the American middle class.
Anúncios
Throughout the 20th century, Bank of America continued to innovate and diversify its services. It pioneered several initiatives, including the creation of the first general-purpose bank credit card, the BankAmericard, which later became Visa, revolutionizing the payments sector. These innovations and the ability to adapt to economic changes helped the bank become one of the largest and most influential in the world, playing a crucial role in the American and global economies.
Fees and Commissions
| Checking Account Monthly Maintenance Fee | Typically ranges between $4.95 and $25, depending on the type of account and included services. |
| ATM Usage Fees | For ATMs outside the network in the United States, the fee is usually around $2.50 per transaction. For international ATMs, the fee can be around $5, plus a 3% currency conversion fee. |
| Special Check and Insufficient Funds Fees | The fee for special checks or insufficient funds can reach about $35 per occurrence. |
| Savings Account Monthly Maintenance Fee | Can vary from $5 to $12, depending on the minimum balance maintained and other account activities that may qualify the customer for fee waiver. |
To learn more, visit: https://www.bankofamerica.com/salesservices/deposits/resources/personal-schedule-fees/?request_locale=en_US
Anúncios
Bank of America Products Reviewed by Gudnip:
How to Open an Account
Opening an account at Bank of America is generally a straightforward and accessible process, especially with the online and mobile options the bank offers.
Requirements to open your account:
- Social Security Number (SSN)
- Residential address in the US
- Valid email address
- Initial deposit to open the account (amount varies depending on the type of account)
To open your account, follow the steps below:
- Access the Website: Visit the official Bank of America website and select the type of account you want to open (checking account, savings, etc.).
- Fill out the Form: Complete the application form with your personal information, such as name, address, date of birth, Social Security Number (SSN), and identification document.
- Verify Identity: Answer security questions for identity verification, a standard procedure for fraud protection.
- Initial Deposit: Make an initial deposit, if required, which can be done via bank transfer, debit card, or check.
- Set Up Online Access: Set up your online access by creating a username and password to manage your account through online banking.
- Activate Additional Services: Opt for additional services such as debit/credit cards and overdraft protection during the process.
Talk to Bank of America
For specific assistance or to resolve Bank of America-related issues, you can call customer service. Here are commonly used phone numbers:
General Customer Service: 1-800-432-1000 (for customers in the United States)
For customers outside the United States: 1-315-724-4022 (international calls)
