When you need cash you can use your debit card at an ATM. Bank Of America has 16,000 ATMs where you can withdraw bills in various denominations. Some ATMs allow you to deposit money and paper checks as well. Deposit enabled ATMs are usually located near bank’s branches.
How much can I withdraw from an ATM?
The maximum you can withdraw from a Bank Of America ATM is $1,000 and up to 60 bills. The best idea is to setup withdrawal in advance using the Bank Of America mobile app. The amount you can withdrawal is limited by availability of funds. If your account has $500, you cannot withdraw $600.
How much can I deposit to an ATM?
Bank Of America ATMs allow you to deposit paper checks. The only known deposit limit of Bank Of America ATMs is that you cannot insert more than 60 bills at once. You can deposit a lot of cash in multiple transactions. Keep in mind that if you deposit more than $10,000 in cash, Bank Of America can put hold on your funds and contact you to clarify the origin of the funds.
Overall Bank Of America ATMs are similar to ATMs of other banks like Wells Fargo, Chase and others. If you want larger network your can use MoneyPass or AllPoint. For example, MoneyPass has 40,000 and AllPoint has 55,000. But these ATMs don’t allow you to deposit money. It means every bank has its pros and cons.