What is the process of transferring funds from Bank of America to Coinbase for investing in digital currencies?

1 answers

• Sanaz AlipoorApr 23, 2025 · 3 months ago
  To transfer funds from Bank of America to Coinbase, follow these steps: 1. Log in to your Bank of America online banking account. 2. Navigate to the 'Transfers' section and select 'External Transfers'. 3. Add Coinbase as a new payee by providing the required details, such as the account name and number. 4. Verify the payee information and save it for future use. 5. Enter the amount you want to transfer and select your Bank of America account as the funding source. 6. Review the transfer details and confirm the transaction. 7. Wait for the transfer to be processed, which typically takes 1-2 business days. 8. Once the funds are available in your Coinbase account, you can start investing in digital currencies. Please note that the transfer times may vary depending on the banking system and any potential delays. If you have any specific concerns, it's best to contact Bank of America or Coinbase directly for assistance.
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