QUOTE(hyperzz @ Feb 19 2019, 03:52 PM)
wt_vinci has experience with Instarem -> Captrader.
Another way is to open a SG bank account (Maybank/CIMB is the easiest way):
Instarem (SGD)-> SG bank -> Captrader (free transfer via FAST).
However, Captrader only supports SWIFT for SGD withdrawal which will incur S$10 charges by the bank (Inward TT charges).
The SWIFT transfer is free once a month.
Yup, use Instarem (MYR) and convert to SGD then transfer to IB's Citibank account in Singapore. You will get it in SGD currency in your IB/CapTrader account. For me, I just convert the SGD to EUR to buy ETF in Amsterdam Exchange. Instarem charges about 0.5% for MYR->SGD while IB charges EUR 2 for forex conversion if I remembered correctly.
QUOTE(alexkos @ Feb 19 2019, 06:09 PM)
Withdrawal belum test... Duwan pay double forex fee
While I haven't tried withdrawal yet but I think I have to use TransferWise to get back my money. This is how I figured:
CapTrader/IB (EUR) -> TransferWise (MYR) -> Malaysian bank in MYR.
From TW's website, they charge 0.5% for that which seems pretty reasonable.