Bank of America and JP Morgan Chase are two of the largest banks in the United States.
However, figuring out how to transfer money between these banks can be frustrating, even in today's digital age.
But don't fret! In this article, we're going to show you all the steps required to transfer money from Bank of America to JP Morgan Chase.
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In order to transfer money from BofA to Chase, you'll need to have an active Checking or Savings account with both financial institutions.
Start off by logging in to your Chase online banking through their website.
From here, you'll click on the 'Pay & Transfer' tab to the right of where it says 'Accounts.'
This will enable you to add an external bank account - in this case your Bank of America account.
A new dropdown menu will appear. Click on 'Transfer Money' to continue.
Now, you'll need to add your Bank of America account as an external account linked to Chase.
You can do this by entering your login credentials, or by entering your account and routing numbers.
Once you have entered your login details and linked your bank to Chase, it will show you the various accounts you have at the newly linked bank.
Select the bank account that you'd like to link from the list that appears.
Now that your Bank of America account is linked to your Chase account, you can initiate a one time or recurring transfer of money.
You only need to complete these steps once. After that, you'll be able to move money any time.
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