Rule 424(b)(2) 
                                                            File No. 33-54385 

PRICING SUPPLEMENT NO. 4
DATED AUGUST 24, 1994                                        
(To Prospectus Supplement dated
August 22, 1994, including the
Prospectus dated August 22, 1994)


                                  $50,000,000
                            BANKAMERICA CORPORATION

                      SENIOR MEDIUM-TERM NOTES, SERIES I
 
                                   ---------
                                         
      Floating Rate Notes [x]                % Fixed Rate Notes [_]            
                                                                               
      Book Entry Notes    [x]              Certificated Notes   [_]           

Original Issue Date: August 31, 1994       Stated Maturity: September 2, 1997
    
                                           Extended            Notice of        
                                           Maturity            Extension   
                                            Date(s)             Date(s)    
                                           --------            ---------   
                                             N/A                  N/A      
                                                                             
Redemption            Redemption           Specified             
 Date(s)               Price(s)            Currency:           U.S. Dollars
 -------               --------            Authorized                          
on any Interest          100%              Denominations                      
Payment Date on or                         (Only applicable if                
after 3/20/96                              Specified Currency               
                                           is other than                    
                                           U.S. Dollars):      N/A         
Repayment             Repayment    
 Date(s)               Price(s)              
- ---------             ---------            Interest Payment                  
   N/A                   N/A               Period:             3 months
                                           Interest Payment                   
                                           Dates:              See Exhibit A
    
                                           Total Amount of               
                                           OID:                N/A             
                                           Yield to Maturity:  N/A            
                                           Initial Accrual
                                           Period OID and
                                           Designated Method:  N/A
                    
Only applicable to Floating Rate Notes: 
- ---------------------------------------
Initial
Interest Rate:  To be calculated           Interest Reset                   
                as if 8/31/94 were         Period:             Weekly
                an Interest Reset          Interest Reset      
                Date                       Dates:              Tuesday of each
                                                               week during the
                                                               period from and
                                                               including
                                                               September 1, 1994
                                                               to but excluding
                                                               Stated Maturity,
                                                               subject to
                                                               adjustment as
                                                               described in the
                                                               accompanying
                                                               Prospectus
                                                               Supplement if an
                                                               auction falls on
                                                               any such date or
                                                               any such date is
                                                               not a Business
                                                               Day as defined in
                                                               such Prospectus
                                                               Supplement .

Index Maturity: 3 months


Base Rate:                                 Spread (plus or                    
                                           minus):             +.32%      
[_]  CD Rate                               Spread Multiplier:  N/A 
           
[_]  Commercial  Paper Rate                Maximum Interest                   
                                           Rate:               N/A             
[_]  Federal Funds Rate                    Minimum Interest                   
                                           Rate:               N/A
[_]  LIBOR

     Designated LIBOR Page (only
     applicable if Designated LIBOR
     Page is other than Telerate
     Screen Page 3750): N/A

[X]  Treasury Rate

[_]  CMT Rate 

     Designated CMT
     Telerate Page:  N/A

[_]  Prime Rate
 
 

                            ----------------------
                         (Continued on the next page)




 
 
 
Exhibit A Interest Payment Dates*:
- ---------           
                
12/21/94   3/15/95   3/19/97     
           6/21/95   6/18/97     
           9/20/95   9/02/97
          12/20/95   
           3/20/96  
           6/19/96  
           9/18/96  
          12/18/96  
 

* In each case, subject to adjustment as described in the accompanying 
  Prospectus Supplement in the event such date is not a Business Day.

                                       
Trade Date:    August 24, 1994           Agent's Commission:      N/A
Name of Agent: Merrill Lynch & Co.,      Proceeds to Corporation: $49,917,500
               Merill Lynch, Pierce,
               Fenner & Smith 
               Incorporated

                                         [X] Agent is purchasing Notes from    
                                             the Corporation at 99.835% of their
                                             principal amount as principal for 
[_] Agent is acting as agent for             resale to investors and other     
    the sale of Notes by the                 purchasers at:
    Corporation at a price to                                                  
    public of:                           [_] a fixed initial public offering   
                                             price of 100% of the principal    
[_] 100% of the principal amount             amount.                           
                                                                      
[_]    % of the principal amount         [_] a fixed initial public offering   
                                             price of   % of the principal     
                                             amount.                           
                                                                               
                                         [X] varying prices relating to        
                                             prevailing market prices at time  
                                             of resale to be determined by     
                                             Agent.