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We Saved More Than $280M+
For MFI Businesses
Open a new eligible checking account and make Qualifying Direct Deposits1 to earn your cash bonus.
Global Footprint: Where We Make an Impact
Active Presence in 58 Countries Across 6 Continents
Our global footprint spans developed and emerging markets across North America, South America, Europe, the Middle East, Africa, and Asia-Pacific. This widespread presence allows us to understand local needs, cultural nuances, and economic conditions while leveraging our international expertise and resources. From our headquarters in New York to regional hubs in London, Singapore, and São Paulo, we maintain a truly global perspective with local execution capabilities.
- Regional headquarters with local decision-making authority and autonomy
- Cross-border knowledge sharing and best practice implementation
- Tailored solutions designed for each market's specific economic and social context
- Local hiring initiatives that create jobs and build expertise within communities
- Multilingual support and culturally adapted program delivery
You can ask anyone.
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Philanthropy and volunteerism
Strengthening our communities
Our responsibility as long-term investors extends to the geographies in which we live and work. Through a collaborative approach, we engage nonprofit and corporate leaders to collectively address critical needs in communities where our crew and clients live with a primary focus on early childhood development and financial well-being.
Building Bridges Across Borders Through Collaboration
We don't just work in communities—we work with them. Our approach to global impact is built on authentic partnerships with local organizations, government agencies, and NGOs who share our commitment to creating lasting change. These collaborations ensure that our efforts are aligned with local priorities, respect cultural contexts, and build on existing community strengths rather than imposing external solutions.
Through our extensive partner network, we're able to scale proven solutions across borders while maintaining local relevance. Whether we're working with microfinance institutions in Southeast Asia, workforce development organizations in Africa, or disaster response agencies in the Americas, our partners are essential to everything we do. They provide the on-the-ground expertise, community relationships, and local credibility that make our initiatives truly effective.
Your safety is our priority.
When you're requesting money with PayPal, your transactions are monitored 24/7 by our security specialists, who identify suspicious activity and help protect you.
Thinking Globally, Acting Locally: Our Community-Driven Approach
While our reach extends across 58 countries, our focus is intensely local. We empower regional teams to identify, design, and implement programs that respond to the unique needs of their communities—supported by the resources, expertise, and best practices of a global organization. This decentralized approach ensures that decisions are made by people who understand local contexts, while still benefiting from global scale and shared learning.
Our regional teams work closely with community members to understand their priorities, co-design solutions, and measure what matters. This isn't just about being responsive—it's about building genuine partnerships where communities have real ownership over the initiatives that affect their lives. From rural villages to major metropolitan areas, we're making a difference in ways that communities themselves have identified as most important.
This model has proven particularly effective in our MFI financing work, where local teams understand which small business owners are most in need of capital, and in our workforce development programs, where regional partners know which skills are most in demand in their local economies. By combining global resources with local wisdom, we're able to achieve impact that is both significant and sustainable.
- Region-specific programs tailored to local economic conditions and cultural contexts
- Employment of local talent in all our offices—over 95% of regional staff are from the regions they serve
- Community-driven project selection with local advisory boards providing guidance
- Flexible implementation models that adapt to changing local needs and circumstances
- Regular community feedback loops that ensure accountability and continuous improvement
Global Footprint: Where We Make an Impact
USA – New York (Global Headquarters)
USA – San Francisco (West Coast Hub)
Canada – Toronto
Brazil – São Paulo (Regional Hub)
Chile – Santiago
United Kingdom – London (EMEA Headquarters)
France – Paris
Germany – Frankfurt
UAE – Dubai (Regional Hub)
Saudi Arabia – Riyadh
South Africa – Johannesburg
Kenya – Nairobi (East Africa Hub)
Hong Kong (APAC Headquarters)
Japan – Tokyo
Australia – Sydney
India – Mumbai
Singapore (Southeast Asia Hub)
Here's how to qualify1:
Open a new eligible checking account through this offer page by May 31, 2026.
Only new checking customers can take advantage of this offer.
Connect USCA Connect to your business and start using all the features of our service for maximum efficiency.
Take advantage of improved funding terms and unlock premium features that will help your business reduce costs, increase efficiency, and achieve long-term success.
We provide customized interest rates that depend on your organization type and individual business requirements.
| Organization | Interest Rate |
|---|---|
| MFI CATI | 4.99% |
| MFI CATII | 3.99% |
| MFI CATIII | 2.99% |
Get your exact interest rate after approval based on your organization type and specific business needs and requirements.
Direct deposit
Access your money faster with direct deposit. It's easy to sign up.
Bank of America Preferred Rewards®6
There's no fee to become a Preferred Rewards member. Save on fees, get bonus rewards on certain credit cards and more.
Earn cash back with BankAmeriDeals®7
Choose deals on shopping, restaurants and more, then pay with your eligible Bank of America® debit or credit card.
Erica®, the guide by your side
See how you can spend, save and plan smarter with Erica,8 your virtual financial assistant, in the Mobile app.9
Your Privacy Choices
This feature allows you to manage your privacy choices. By selecting a category, you can learn about your choices and make changes. Selections you make will update your default settings. Where possible, we will provide you with a single privacy profile and store settings across our brands. Occasionally there are legal or technical limitations, where you have multiple user names or accounts, that may prevent this from occurring. You should check your settings for accuracy based on your relationship with us.
Local Privacy Notices and Requirements
The Privacy Choices displayed are specific to your local privacy requirements and our privacy notices. For more information about how we protect your privacy, including specific rights that may apply, please visit the Institutional Privacy and the Consumer Privacy pages.
Marketing Preferences
To manage your general marketing preferences, please visit the "Control how we can share your data and market to you" form on our Privacy Page.
California Residents
To learn more about your privacy rights as a California resident, please see our California Consumer Privacy Act Notice.
To exercise your CCPA consumer rights to request, correct or delete your personal information, please visit our California Personal Information Request form.
To opt out of sharing and selling, open the "Sharing and selling of Personal Data" tab and make a selection.
California Notice of Right to Opt-Out from Sale/Sharing
Bank of America does not sell your Personal Information. Beginning in April 2025, we have commenced sharing Personal Information collected from our webpages with non-affiliated, third-party websites and advertisers to provide a personalized marketing experience, commonly known as Cross-context Behavioral Advertising.
Bank of America customers can request to opt-out from the sharing of their Personal Information for cross-context behavioral advertising.
How to opt-out of sharing your information:
We offer three (3) methods for opting out:
- Click "Your Privacy Choices" link at the bottom of our web and mobile pages. On the pop-up window, select the "Sharing and Selling of Personal Data" tab located in the left column. Here you will be able to choose your preferences. Note: you can make changes to your preferences at any time; any adjustment will override the previous settings.
- Using your web browser. Bank of America recognizes users' opt-out preference signals, honoring these preference signals as valid requests.
- Calling 888.341.5000
An authorized agent may submit an opt-out request on your behalf if you have provided the authorized agent signed permission to do so. All opt-out requests are processed within 15 calendar days from time of receipt.
Children's Privacy
Bank of America is committed to protecting children's privacy and limiting the collection and use of minor's data. For sites where we offer products or content to persons under 18 years of age, the privacy settings are set to the highest level, limiting data collection to what is required to run our website. This setting blocks the collection and use of sensitive information. To learn more about Children's Privacy, see our Children's Privacy Page.
Sharing and Selling of Personal Data
Bank of America does not sell personal information, but we may share personal information for targeted advertising. You have the right to opt-out of the selling or sharing of your personal information. By switching the toggle to the left and clicking save, you are indicating that you do not want us to sell your personal information or share your personal information for online targeted advertising activities. If you do not have an account or if you are not logged into your account, your request to opt-out of sale/sharing will be linked to your browser identifier only and not linked to any account information because the connection between your browser and the account is not known to us. At any time, you may change your preference setting using the toggle bar. Any manual adjustment will override previous settings.
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