Transferring funds from your Bank of America HSA account can vary in terms of time depending on the method you choose. If you plan to withdraw funds from your HSA account at Bank of America, here's what you need to know about the process and timelines:
It typically takes about 3-5 business days for electronic transfers to reflect in your linked bank account. This means that after initiating a transfer from your Bank of America HSA account, you can expect the funds to be available in your external bank account within this timeframe.
However, if you opt for a check withdrawal, the processing time may be longer due to mailing and clearance procedures. It can take around 7-10 business days for you to receive a check and then deposit it into your external bank account.
Wondering how long it takes to transfer money from your Bank of America HSA? Generally, electronic transfers are quick, usually completing in just 3-5 business days. You can rest assured that your funds will be on their way right after you initiate the transfer.
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