Sunday, August 21, 2011

Bank of America to China Construction Bank Wire Transfer

Hey everyone. Searched through the forums. And it looks like if I open a China Construction Bank account, I can make a wire transfer to this account from a Bank of America account WITHOUT the normal $45 wire transfer fee.

So I set a China Construction Bank Account up. I had someone in the states initiate a transfer on a joint account (which I am part owner) to my new CCB account. However, my stateside owner indicated me that BofA was going to charge me $45 for the transfer.

Customer Service at BofA also indicated that I'd be charged a $45 wire transfer fee. I tried to explain that it was a special partnership between BofA and China Construction Bank to no avail. Perhaps this is an obscure partnership some representatives are not aware of?

Has anyone made a wire transfer recently and can attest that there is indeed no wire transfer fee, despite what a walk-in teller and phone customer rep might say?

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