The Bank of America Zelle limit is 3 500 dollars daily.
Daily and Monthly Transfer Limits
Bank of America imposes specific limits on Zelle® transactions to ensure security and compliance with banking regulations. As of the latest available information, the daily transfer limit is $3,500, and the monthly transfer limit is $20,000. These limits apply to personal accounts and are subject to change based on account type and customer history. For small business accounts, the daily limit may be higher, potentially reaching up to $15,000, depending on the specific account and usage patterns.
Factors Influencing Transfer Limits
Several factors can influence the transfer limits for Zelle® transactions:
- Account Type: Personal accounts typically have lower limits compared to small business accounts.
- Account History: Established accounts with a history of regular transactions may qualify for higher limits.
- Usage Patterns: Frequent use of Zelle® for transactions may impact the assigned limits.
It's important to note that these limits are set by Bank of America and may vary based on individual circumstances. For the most accurate and personalized information, customers are advised to contact Bank of America's customer service or refer to their online banking portal.
Increasing Transfer Limits
While Bank of America does not automatically increase Zelle® transfer limits, customers may request a review of their limits. To initiate this process, contact Bank of America's customer service to discuss your account history and transaction needs. Approval for increased limits is not guaranteed and will be determined based on the bank's policies and your account profile.
Security Considerations
Bank of America emphasizes the importance of using Zelle® responsibly. Transactions made through Zelle® are typically irreversible, and once the money is sent, it cannot be recovered. Therefore, it's recommended to use Zelle® only for transactions with trusted individuals. Bank of America will never ask you to send money using Zelle® to yourself or anyone else. If you receive such a request, it may be a scam.