Bank of America's (BoA) online wiring portal is tricky to use, so we have put together a walkthrough that will show you exactly how to wire funds from BoA to your Swan account.
1.) Sign in to your Bank of America bank account.
2.) Click the "Transfer/Zelle" tab and then select "To/From other banks (includes wires)"
3.) On the next page click "Add account/recipient"
4.) Fill out the following form as shown below using information from the Swan wiring form. (Note this section does not include the Q-code, which will be added later).
5.) After adding that account, you should then be returned to the transfer form section, as shown below. In this section, make sure to:
A.) Select your account in the "From" field
B.) Select Prime Trust in the "To" field
C.) Select "Same business day, $30 fee" under the "Delivery Speed".
Note: If you select anything else, your BofA will attempt to send an ACH instead of a Wire, and it will be rejected by Prime Trust
D.) Select the amount
E.) Select the frequency (One time, immediately)
F.) Include the Q-code listed on Swan's wiring instructions under the "Description Field"
Then hit continue and your wire should be sent and settled shortly thereafter by Swan.
- The wire will usually settle into your account within 1-2 business days. Wires sent after 12PT on any day will likely settle the following business day. Wires are not processed on weekends and holidays. Neither Swan nor Prime Trust is responsible for delays in wire transfers for any reason.