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Your TL;DR should be: Don't use Bank of America. Most major banks these days are not a good idea. Instead, look for relatively stable but smaller banks or even
by codegeek 8y ago
Your TL;DR should be: Don't use Bank of America. Most major banks these days are not a good idea. Instead, look for relatively stable but smaller banks or even credit unions locally. They will not only treat you better but won't do crazy shit like that. Only disadvantage is that they may have some outdates processes/systems but in terms of them not screwing you over with stupid so called "policies", you are better off.
- dkobran 8y agoWe've definitely considered this and the only reason we haven't is that BofA offers a relatively nice mobile app, web interface, support (24/7), and permission management (roles) for our team. I agree in principle but it's a tool that we actually spend a non-trivial amount of time in so the experience of interacting with the service is something we, unfortunately, can't fully discount.
- Nextgrid 8y agoConsider switching fully to TransferWise by using their "Borderless" account.