Bank of America · Bank of America Fee Schedule · View original document ↗

Monthly Maintenance Fee

High severity Unique · 0 of 325 platforms
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This analysis describes what Bank of America's agreement states, permits, or reserves. It does not constitute a legal determination about enforceability. Regulatory applicability and practical outcomes may vary by jurisdiction, enforcement context, and individual circumstances. Read our methodology

ConductAtlas Analysis

Why it matters (compliance & governance perspective)

The monthly maintenance fee structure defines the ongoing costs associated with account maintenance and service delivery. This provision establishes the financial terms under which the account relationship continues on a monthly basis.

Consumer impact (what this means for users)

Account holders are obligated to pay the stated monthly maintenance fee as a condition of maintaining the deposit account. The fee amount and applicability are determined by the account type and current fee schedule maintained by the institution.

How other platforms handle this

Coinbase Medium

When you convert one cryptocurrency to another, Coinbase charges a spread of approximately 0.5% (higher or lower depending on market fluctuations) and a Coinbase Fee based on the size of the transaction and your region.

Revolut Medium

You can close your account at any time through the Revolut app, or by emailing us at support@revolut.com. You will still have to pay any charges you've incurred. We may also charge you any cancellation fees that apply to other agreements you've entered into with us (for example, if you cancel your M...

Wise Medium

We may change our fees at any time. We will give you advance notice of any changes to fees where required by applicable law. The exchange rate used for currency conversion is set by Wise and may include a markup over the mid-market rate.

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Monitoring

Bank of America has changed this document before.

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Provision details

Document information
Document
Bank of America Fee Schedule
Entity
Bank of America
Document last updated
May 5, 2026
Tracking information
First tracked
March 6, 2026
Last verified
May 10, 2026
Record ID
CA-P-000471
Document ID
CA-D-00055
Evidence Provenance
Source URL
Wayback Machine
Content hash (SHA-256)
e5f90db86e46d246cf0f319312eccb9e32bdf30adc9d7c1d825cc7f77ca936da
Analysis generated
March 6, 2026 20:47 UTC
Methodology
Evidence
✓ Snapshot stored   ✓ Hash verified
Citation Record
Entity: Bank of America
Document: Bank of America Fee Schedule
Record ID: CA-P-000471
Captured: 2026-03-06 20:47:54 UTC
SHA-256: e5f90db86e46d246…
URL: https://conductatlas.com/platform/bank-of-america/bank-of-america-fee-schedule/monthly-maintenance-fee/
Accessed: May 20, 2026
Permanent archival reference. Stable identifier suitable for legal filings, compliance documentation, and research citation.
Classification
Severity
High
Categories

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Frequently Asked Questions

What does Bank of America's Monthly Maintenance Fee clause do?

The monthly maintenance fee structure defines the ongoing costs associated with account maintenance and service delivery. This provision establishes the financial terms under which the account relationship continues on a monthly basis.

How does this clause affect you?

Account holders are obligated to pay the stated monthly maintenance fee as a condition of maintaining the deposit account. The fee amount and applicability are determined by the account type and current fee schedule maintained by the institution.

Is ConductAtlas affiliated with Bank of America?

No. ConductAtlas is an independent monitoring service. We are not affiliated with, endorsed by, or sponsored by Bank of America.