How to Send Money Online Using the Bank of America

By Erika Dean

One convenient feature of Bank of America's online banking service is that you can send money online. You may make transfers to other Bank of America accounts or send money to accounts at other banks. You also are able to set up a schedule to send money regularly, such as once every week or month. After you enter all of the necessary account information, the money will be transferred with just a click of the mouse.

Things You'll Need

  • Account information of recipient

Send Money to Another Bank of America Account

Step 1

Sign in to your Bank of America account and click "Transfers" from the top menu. You will be taken to a page where you can make transfers to other Bank of America accounts.

Step 2

Select the account that you want to transfer money from if you are sending money to another Bank of America account. For example, you can send money from a checking or savings account.

Step 3

Click the arrow beside "To:" and select the account that you want to send money to. For example, you can send money to a joint account or to your Bank of America credit card.

Step 4

Enter the amount of money that you want to send in the form next to "Amount."

Step 5

Click the arrow beside "Frequency" and select how often you want to transfer this amount of money. For example, you may send the money one time only or every week. Click "Continue."

Step 6

Review the transfer information and click "Make Transfer." The money will be sent to the account that you selected.

Send Money to an Account Outside Bank of America

Step 1

Sign in to your Bank of America account and click "Transfers" from the top menu.

Step 2

Click "Outside the Bank" when the transfer options page opens. Before you can send money, you must verify your account.

Step 3

Click "Send Email" to verify your account. Bank of America will send a confirmation number to the email address listed on your account. Access your email account in another window, open the email from Bank of America and retrieve the confirmation number.

Step 4

Type the confirmation number in the form next to "Enter your confirmation number" on the Bank of America website and click "Continue."

Step 5

Select the account type that you want to transfer money to and click "Continue."

Step 6

Enter the account details for the account that you want to send money to. Some information you must submit includes the account holder and bank name and the account number. Click "Add Account."

Step 7

Select the account you want to send money from, such as a checking account.

Step 8

Enter how much money you want to send in the form next to "Amount."

Step 9

Click the arrow beside "Frequency" and select how often you want to send this amount of money. For example, you can send it one time only or you can send the money weekly. Click "Continue."

Step 10

Review the details of the transfer and click "Make Transfer."

Tips & Warnings

  • If you want to send money to pay your bills online, add the information for the bill you want to pay under "Bill Pay" on the Bank of America website.