Bank of America to Drop Fees on Mexico Money Transfers
Reuters reports that Bank of America plans by year end to eliminate its fees for some of its customers to transfer money to Mexico. To benefit, there's a requirement that customers open checking accounts with the bank.
"Our goal in eliminating fees is to help millions of customers send money for free quickly and easily to friends and family in Mexico," said Liam McGee, Bank of America's president of consumer and small business banking, in a statement.
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