Bank details of Bank of America

Find the verified Bank of America routing details needed for secure transfers. Below are the essential Institution Number (241), Transit numbers, and SWIFT codes required for Canadian domestic EFT (direct deposits) and international wire payments.

How to correctly fill out a transfer form

Bank of America operates in Canada as an authorized foreign bank branch, focusing strictly on corporate and institutional clients. To send a domestic payment to a Bank of America account in Canada, you will need the institution code 241. This is common for business-to-business (B2B) payments and treasury services.

Examples of filling out a transfer:

Domestic EFT / Business Payment:
Recipient: Corporate Client Name
Institution Number: 241 (public bank identifier)
Transit Number: 01312 (Main Branch Toronto)
Account Number: ****1122 (example)

International Wire Transfer:
SWIFT Code: BOFACATT (public bank identifier)
Bank Name: Bank of America, N.A. (Canada Branch)
Address: 181 Bay Street, Toronto, ON M5J 2V8

Tips for filling out the form

• Important: Bank of America in Canada does not offer personal retail banking. Do not attempt to send personal deposits to these codes unless you are paying a business entity.
• For wires from the USA, ensure you are using the Canadian SWIFT code (BOFACATT) and not the US-based code to avoid funds being misrouted to New York or Charlotte.

FAQ

Question: Is Bank of America Canada insured by CDIC?

Answer: As a foreign bank branch, their CDIC status is limited to specific types of accounts. Commercial clients should verify coverage with their treasury advisor.

Question: What is the main routing number for BofA Canada?

Answer: The primary routing number for electronic transactions is 024101312.