FORM 4
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden hours per response... 0.5

(Print or Type Responses)
1. Name and Address of Reporting Person *
DESOER BARBARA J
   2. Issuer Name and Ticker or Trading Symbol
BANK OF AMERICA CORP /DE/ [BAC] 		5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director _____ 10% Owner
__X__ Officer (give title below) _____ Other (specify below)
President, Consumer Products
(Last)
(First)
(Middle)
BANK OF AMERICA CORPORATION, NC1-007-57-02		 3. Date of Earliest Transaction (Month/Day/Year)
03/05/2004
(Street)

CHARLOTTE, NC 28255		 4. If Amendment, Date Original Filed(Month/Day/Year)
 6. Individual or Joint/Group Filing(Check Applicable Line)
_X_ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person
(City)
(State)
(Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)		 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code
(Instr. 8)		 4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)		 5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)		 6. Ownership Form: Direct (D) or Indirect (I)
(Instr. 4)		 7. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 03/05/2004   M   9,435 A $ 71.5801 19,955 D  
Common Stock 03/05/2004   M   9,639 A $ 48.4375 29,594 D  
Common Stock 03/05/2004   S(1)   100 D $ 81.65 29,494 D  
Common Stock 03/05/2004   S(1)   1,174 D $ 81.75 28,320 D  
Common Stock 03/05/2004   S(1)   800 D $ 81.76 27,520 D  
Common Stock 03/05/2004   S(1)   900 D $ 81.91 26,620 D  
Common Stock 03/05/2004   S(1)   800 D $ 82.07 25,820 D  
Common Stock 03/05/2004   S(1)   800 D $ 82.1 25,020 D  
Common Stock 03/05/2004   S(1)   800 D $ 82.31 24,220 D  
Common Stock 03/05/2004   S(1)   1,000 D $ 82.35 23,220 D  
Common Stock 03/05/2004   S(1)   800 D $ 82.36 22,420 D  
Common Stock 03/05/2004   S(1)   900 D $ 82.4 21,520 D  
Common Stock 03/05/2004   S(1)   700 D $ 82.5 20,820 D  
Common Stock 03/05/2004   S(1)   800 D $ 82.55 20,020 D  
Common Stock 03/05/2004   S(1)   700 D $ 82.56 19,320 D  
Common Stock 03/05/2004   S(1)   1,400 D $ 82.59 17,920 D  
Common Stock               683 I By Spouse
Common Stock               5,666.88 I Thrift Trust
Common Stock               2,889.72 I Thrift Trust-Spouse

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number. SEC 1474 (9-02)

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 3)		 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code
(Instr. 8)		 5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4, and 5)		 6. Date Exercisable and Expiration Date
(Month/Day/Year)		 7. Title and Amount of Underlying Securities
(Instr. 3 and 4)		 8. Price of Derivative Security
(Instr. 5)		 9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 4)		 10. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)		 11. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Option, Right to Buy $ 48.4375 03/05/2004   M     9,639   (2) 01/03/2010 Common Stock 9,639 $ 48.4375 95,361 D  
Option, Right to Buy $ 71.5801 03/05/2004   M     9,435   (3) 05/22/2007 Common Stock 9,435 $ 71.5801 0 D  

Reporting Owners

Reporting Owner Name / Address Relationships
 Director  10% Owner  Officer  Other
DESOER BARBARA J
BANK OF AMERICA CORPORATION
NC1-007-57-02
CHARLOTTE, NC 28255		       President, Consumer Products  

Signatures

 Barbara J. Desoer/Roger C. McClary POA   03/08/2004
**Signature of Reporting Person Date

Explanation of Responses:

* If the form is filed by more than one reporting person, see Instruction 4(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
(1) Option exercise and sale of shares in accordance with a written plan established July 15, 2003 pursuant to the requirements of Ru le 10b5-1 under the Securities Exchange Act of 1934, as amended.
(2) This option vested in three equal installments commencing January 3, 2001.
(3) This option fully vested on September 30, 1998, with the merger between BankAmerica Corporation and NationsBank Corporation.
 
Remarks:
This is the first of two filings required to report the transactions associated with an option exercise and sale of shares under Rule 10b5-1 of the Securities Exchange Act of 1934, as amended.

Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.

Potential persons who are to respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB number.