Filed Under Rule 424(b)(3), Registration Statement No. 333-175599

Pricing Supplement Number 2 Dated October 24, 2011

(To: Prospectus Dated July 15, 2011 )

CUSIP Number

Aggregate Principal Amount

Price to Public

Gross Concession

Net Proceeds

Coupon Type

Coupon Rate

Coupon Frequency

Maturity Date

1st Coupon Date

1st Coupon Amount

Survivor’s Option

Product Ranking

06050WEW1

[$]

100.000%

2.000%

[    ]

Fixed

6.000% (Per Annum)

SEMI-ANNUAL

11/15/2023

05/15/2012

$32.00

Yes

Senior Unsecured Notes

Redemption Information: Callable at 100.000% on 11/15/2012 and every coupon date thereafter.

The Bank of America InterNotes will be subject to redemption at the option of Bank of America, in whole on the interest payment date occurring on 11/15/2012 and on any interest payment date thereafter at a redemption price equal to 100% of the principal amount of the Bank of America InterNotes plus accrued interest thereon, if any, upon at least 30 Calendar Days prior notice to the noteholder and the trustee, as described in the prospectus.

Joint Lead Managers and Lead Agents: BofA Merrill Lynch, Incapital LLC Agents: Citigroup Global Markets Inc., Morgan Stanley & Co. Incorporated, UBS Securities LLC, Wells Fargo Advisors, LLC

      Bank of America Offering Dates: Monday, October 24, 2011 through Monday, October 31, 2011 Trade Date: Monday, October 31, 2011 @12:00 PM ET Settlement Date: Thursday, November 3, 2011 Minimum Denomination/Increments:$1,000.00/$1,000.00 Initial trades settle flat and clear SDFS: DTC Book Entry only DTC number: 0235 via RBC Dain Rauscher Inc.   If the maturity date or an interest payment date for any note is not a Business Day (as term is defined in Prospectus), principal, premium, if any, and interest for that note is paid on the next Business Day, and no interest will accrue from, and after, the maturity date or interest payment date.   InterNotes® is a registered trademark of Incapital Holdings, LLC. All rights reserved. Bank of America Prospectus Dated July 15, 2011