Bank of America, N.a. Bangkok SWIFT/BIC code

What BOFATH2X means for a payment to Bank of America, N.a. Bangkok

Whether you are given BOFATH2X or BOFATH2XXXX, it is the identical identifier for Bank of America, N.a. Bangkok in Thailand. A SWIFT code shows the banks handling a payment exactly which bank is meant to get the money, much like a postcode for banks. It comes up mainly when dealing with transfers between countries.

Further down we go through the practical questions: money coming in from abroad, paying someone in another country and how to check a SWIFT code before you hit send. A SWIFT code names an institution, never a single account, which is why you always need the account number too.

What a transfer from Bank of America, N.a. Bangkok abroad really costs

A bank transfer abroad costs more than the listed fee. There is the transfer fee, possibly charges from correspondent banks in between and, above all, the margin on the exchange rate when the money is converted.

The real cost is often in the rate: the bank converts at a rate that includes a margin. A simple test: set the bank’s rate next to the mid-market rate and work out the difference on your amount.

Specialised transfer providers frequently offer rates closer to the mid-market rate and lower fees. Next time you send money, it is worth comparing the total cost via GoldexPay instead of going straight to your bank. Choosing a specialist does not require leaving Bank of America, N.a. Bangkok.

How up to date is this code?

Our SWIFT/BIC directory is compiled from publicly available sources and is updated regularly. Banks merge, change names and change codes, and a directory never catches every change immediately. Figures such as the number of codes come from our directory and are not confirmed by Bank of America, N.a. Bangkok.

See our directory here as a handy check and rely on the recipient or Bank of America, N.a. Bangkok for the final confirmation. GoldexPay is an independent comparison service for money transfers and not part of Bank of America, N.a. Bangkok. Spotted outdated information? Let us know through the contact page.

How long does an international transfer to Bank of America, N.a. Bangkok take?

There is no single delivery time for international payments: many land within a day, others take several business days. Transfers sent late in the day or on a weekend or public holiday often start the next business day. Occasionally a bank wants to know about the purpose of a payment.

A growing number of banks are connected to SWIFT gpi, which lets them follow a payment from bank to bank. Each gpi transfer gets a unique transaction reference, the UETR, which your bank can use to see where the money is. Specialist transfer services usually show a status online showing where the payment has got.

If the money does not arrive within the expected time, the person who paid should start with the bank that sent it. Request from the sender the payment receipt including the reference; that often settles the question quickly.

Changed bank details? Be careful

Be wary when a contact unexpectedly wants you to send money to another account. The fact that BOFATH2X exists does not mean that a request mentioning it is legitimate.

Verify new payment details through a separate channel, such as a phone number you already know, not by replying to the message. Urgency and requests to keep it quiet are warning signs. When money has already gone to the wrong account, call your bank right away.

Recipients are targeted too: a classic trick is an overpayment and then sends a request to refund the difference to another account. Do not act before the money is actually in your account.

Is BOFATH2X still correct? How to check

The best place to find the right code is a document from the bank itself, such as a statement or the account details in online banking. Check it with BOFATH2X here.

A wrong SWIFT code can cause delays, a payment being sent back or additional charges for investigation. An error in the account number is a bigger problem because it can reach the wrong person; check it just as carefully.

A format check by your bank merely tells you that the code exists – not that it belongs to the person you mean to pay. If your bank offers it, a name check before sending adds an extra layer of safety. When you pay someone new, many people start with a small amount first and wait for confirmation.

Sending THB to Bank of America, N.a. Bangkok

Thailand pays in the Thai Baht (THB). When you pay another currency it gets converted at some point – by your bank, by Bank of America, N.a. Bangkok or by a bank in between. You rarely see a separate line for the conversion.

Who converts the payment matters, because each party uses its own rate. Transferring the money directly in THB often avoids a second conversion by Bank of America, N.a. Bangkok.

The THB rate changes constantly, so the amount you see is usually only valid for a short time. For regular payments, small differences in the rate make a real difference over a year.

Incoming international payments to Bank of America, N.a. Bangkok

If you are waiting for money from abroad, send the payer everything they need in one go. The basics are: the account holder’s name, account number or IBAN, BOFATH2XXXX and in many cases your postal address.

It helps to add Bank of America, N.a. Bangkok and its city as well, since some forms ask for it. Double-check the details before you share them – a sender rarely spots a mistake in someone else’s details.

Expect that the incoming amount is smaller than the amount on the sender’s receipt. Intermediary banks may deduct a fee, Bank of America, N.a. Bangkok may charge for incoming payments, and if the currency changes, a markup on the rate comes on top. On invoices, it is common to state how the fees are split to avoid a shortfall.

What the XXX in BOFATH2XXXX means

A SWIFT code is built from fixed blocks: characters one to four identify the bank, characters five and six show the country and characters seven and eight indicate the location. That gives you BOFATH2X.

The full version adds a three-character extension that identify a branch or department. When those three characters are XXX, the code points to the head office.

In practice the code is typed in capitals. A wrong letter may route the money to a different institution, so copy it carefully.

Which of the 2 codes of Bank of America, N.a. Bangkok do you need?

Bank of America, N.a. Bangkok has 2 separate SWIFT/BIC codes. Only one is the head office code, BOFATH2XXXX; the rest belong to branches, and sometimes specific services.

Unless the recipient tells you otherwise, use BOFATH2XXXX or its short form BOFATH2X. Just use a branch code when the recipient gives you that exact code, for example on a letter or invoice.

When in doubt, check with the recipient which code their bank gave them. Branch codes can change when banks reorganise.