Bank of America, Tokyo SWIFT/BIC code

BOFAJPJX – the SWIFT/BIC code of Bank of America, Tokyo

The short code BOFAJPJX and the 11-character code BOFAJPJXXXX refer to the same bank: Bank of America, Tokyo, with its head office in Tokyo. A SWIFT code tells the banks handling a payment which institution should receive the money, much like a postcode for banks. You will need it mainly when dealing with transfers between countries and payments in foreign currencies.

Below you will find the practical questions: receiving money at Bank of America, Tokyo, sending money abroad and how to check the code before you confirm a payment. The SWIFT code on its own does not identify a personal account; that is what the account number or IBAN is for.

Watch out for payment fraud

One of the most common tricks works like this: you receive a message saying that a company now has new bank details and asking you to pay there from now on. The fact that BOFAJPJX exists does not mean that a request mentioning it is legitimate.

Before paying, verify changed bank details through a phone call on a number you know, not one from the message. Be suspicious of time pressure, unusual wording or an email address that differs by one letter. Already paid? Call your bank without delay and ask them to start a recall; also report it to the police.

Recipients are targeted too: a classic trick is an overpayment followed by a request to refund the difference. Wait until the money has really arrived and check with Bank of America, Tokyo if anything seems off.

Which of the 5 codes of Bank of America, Tokyo do you need?

Bank of America, Tokyo uses 5 separate SWIFT/BIC codes. Only one is the head office code; the others belong to branches or departments.

In most cases there is no need to look up a branch: transfers sent to BOFAJPJXXXX reach Bank of America, Tokyo correctly. When you receive a specific code, stick to it instead of swapping it with the head office code.

Not sure which code applies? Ask the recipient, or look at a recent statement from Bank of America, Tokyo. Branch codes are more prone to change than BOFAJPJXXXX when a bank merges or closes offices.

A note on our data

The codes here come from publicly available data that we update regularly. It is possible that information here is no longer current. The number of codes on this page are based on our own data.

Treat our data as a starting point, not as the last word: the recipient’s bank details come first. GoldexPay is independent of Bank of America, Tokyo; we are a comparison site for money transfers. Should you notice a mistake, we appreciate a short note via the contact page.

Sending JPY to Bank of America, Tokyo

Accounts at Bank of America, Tokyo are typically held in JPY, the national currency of Japan. If you send another currency, the amount has to be converted somewhere along the way: by your bank, an intermediary or Bank of America, Tokyo itself. Each conversion costs something.

Who does the conversion affects how much arrives, as rates and margins differ per bank. Check what JPY the recipient gets via several providers; the difference between options can be larger than you expect.

Exchange rates move during the day – some services let you fix a rate in advance. If you pay regularly, a slightly better rate add up over a year.

Transfer times and tracking a payment to Bank of America, Tokyo

How fast a transfer arrives at Bank of America, Tokyo is determined by a few things: the currency, how many intermediary banks are involved, cut-off times and time zones. Payments made after the cut-off time or on a weekend or public holiday often start a business day later. Sometimes a bank wants to know what the payment is for.

Many banks use SWIFT gpi. Every payment carries a unique transaction reference, the UETR that banks can use to trace it. Keep the payment confirmation; it contains the details a bank needs to start a trace.

A missing payment has to be investigated from the sending side, using the payment confirmation. As a recipient, it helps to look at your account for a slightly lower amount because fees can reduce the amount.

How to check BOFAJPJX before you pay

The best place to find the correct BIC remains paperwork issued by the bank like a bank statement or the account page in online banking. Compare it against BOFAJPJX here.

Errors in the SWIFT code tend to be costly more than fatal. An error in the account number is a bigger problem, because the money may be credited to someone else, so check that just as carefully.

Many banking apps check the structure of IBANs and sometimes look up the BIC automatically. More and more banks compare the name with the account – do not ignore a mismatch warning. A small test payment can be a sensible step for large sums.

BOFAJPJX or BOFAJPJXXXX – which one to use?

A SWIFT code is built from fixed blocks: the first four letters stand for the bank, the next two show the country and the two after that mark the location. In this case, the 8-character core is BOFAJPJX.

XXX at the end of BOFAJPJXXXX is not a missing value or an error: it indicates the head office of Bank of America, Tokyo. Certain payment forms insist on 11 characters, and then you simply add XXX after BOFAJPJX.

Leave out spaces when you type BOFAJPJX or BOFAJPJXXXX. Watch for O versus 0 or I versus 1, a common source of typos.

Receiving money from abroad at Bank of America, Tokyo

To receive an international payment into your account at Bank of America, Tokyo, the sender needs not just the SWIFT code. That means: your full name exactly as it appears on the account, your account number or IBAN, the BIC BOFAJPJXXXX (or BOFAJPJX) and usually your address.

Certain sending banks also ask for the address of Bank of America, Tokyo. Check each detail before you send them.

Expect that the amount credited is smaller than the amount on the sender’s receipt. Fees for incoming transfers differ from bank to bank. Agree with the sender who pays which costs.

What a transfer from Bank of America, Tokyo abroad really costs

The price of an international transfer is made up of more than one component, and the transfer fee is only the most visible one. You pay the transfer fee, sometimes fees charged by intermediary banks in between and, above all, the exchange rate markup.

Most of the cost usually sits in the exchange rate, not in the fee: the bank converts using an exchange rate that includes a margin. An easy check: set the bank’s rate next to the mid-market rate for the same moment and look at the difference.

For a lot of routes, a specialist provider turns out to be less expensive than a bank – mostly thanks to the rate. GoldexPay lists these services side by side so you can see what actually arrives for the same amount sent. Choosing a specialist does not mean leaving Bank of America, Tokyo – you pay the provider from your own account.