Bank of America (BofA) Hours of Operation and Holiday Hours (2024)

FAQs

Is Monday a business day for Bank of America? ›

Is Bank of America Open 7 Days a Week? Many Bank of America locations are open six days a week, Monday through Saturday. If you need to do any banking on a Sunday, you'll have to make do with an ATM or by using your online account or mobile app.

The answer is yes, banks are open on Good Friday. While Good Friday is not a bank holiday, it is one of several stock market holidays in 2024. So for those wondering "Is the stock market open on Good Friday," the answer to that question is no.

(800) 432-1000

Bank of America / Customer service

Bank of America: The maximum daily withdrawal amount using an ATM is $1,000 and cannot exceed 60 bills in one transaction.

Delayed Transactions: On holidays, most banks and financial institutions are closed. This means that transactions can't be processed. This includes wire transfers, ACH (Automated Clearing House) transactions, and check clearing.

Please note that most Federal employees work on a Monday through Friday schedule. For these employees, when a holiday falls on a nonworkday -- Saturday or Sunday -- the holiday usually is observed on Monday (if the holiday falls on Sunday) or Friday (if the holiday falls on Saturday)."

Based on our research on more than 100 traditional and online banks and credit unions, we give Bank of America 4 out of 5 stars overall. It earns points for its extensive branch network and solid mobile app and online platform, but loses points for offering lower interest rates than its competitors on deposit accounts.

Go to the Check-Issuing Bank

After all, this is the bank's own check. Still, you may have to pay for the privilege because you're not a customer. Here are some examples: If you don't have an account, Bank of America will charge an $8 fee to cash its own checks.

There is no limit of a check that can be cashed. however the bank may not have that physical amount of cash on hand so they would have to order it and you pick it up in a couple days. They may also want to verify if the check is valid since it's just a personal check handwritten which could take a day or so.

This $20,000 cash withdrawal is above the $10,000 daily limit, so your bank automatically files a report under the BSA. Information about your large cash transaction is sent to the Financial Crimes Enforcement Unit (FinCEN) within the U.S. Treasury Department.

How much money can I withdraw from a Bank of America teller? ›

Since Bank of America does not have a set withdrawal limit at the counter, it may be possible to withdraw the entirety of your account balance. However, in order to close your account, you'll need to make an appointment with a banking specialist.

You may increase or decrease the limit you can withdraw daily at an ATM in the following ways: Log in to the Mobile Banking app and select Menu then Manage Debit/Credit Card. Ensure your debit card is unlocked to Set Limits.

ask me for additional information when I make a large deposit or withdrawal? Yes. The bank may be asking for additional information because federal law requires banks to complete forms for large and/or suspicious transactions as a way to flag possible money laundering.

The Limit You Need To Worry About Is $10,000

“$5,000 is okay, but if you withdraw more than $10,000, the transaction will be reported to the IRS and at least one other government agency,” Bakke said.

Unless your bank has set a withdrawal limit of its own, you are free to take as much out of your bank account as you would like. It is, after all, your money. Here's the catch: If you withdraw $10,000 or more, it will trigger federal reporting requirements.

A business day is normally Monday through Friday, from 9 a.m. to 5 p.m., excluding holidays. Consumers often encounter business days with regard to settling or clearing financial transactions or for the delivery of goods or services.

Banks are open from 8 a.m. to 3 p.m. on Monday and from 8 a.m. to 1:30 p.m. Tuesday to Friday.

However, Bank of America typically processes direct deposits during the overnight processing hours, which occur between 12:00 AM and 6:00 AM (local time) on the date of payment. Once the direct deposit is processed, the funds should be available in your account on the next business day.

Funds deposited before 9:00 p.m. ET on a business day will generally be available the next business day. Funds deposited before 8:00 p.m. PT on a business day will generally be available the next business day. You will be notified if a hold is placed on any deposited funds.