Good day to all =) I am interested in opening account with Interactive Broker ( IB ), however there's a few things that I would like to clarify before I proceed

Under application form, I have reached W-8BEN form, this is needed as I am Malaysian and that's for tax purposes right? And may I know what are the methods of transfering money that is safe? Normally how you guys transfer the minimum 10k USD over for opening account? I have read the instructions on IB but still abit puzzled over it, plan to get into emailing them or chat but get a few guidance from sifu here

Thanks for all the help

Seems like a lot useful info and tips in opening IB as i needed from forummers,great helps,thanks, rjb123 ,is it okay if i used CIMB to transfer instead of Maybank as you suggested?

So, money transferred from my bank will converted according to that day rate right? So now it needs to be around 40++k

This post has been edited by dragonfire88: Aug 12 2015, 05:00 PM

It's kinda troublesome to purposely went down to Singapore to open an account just for this purpose isn't it? Might as well spend that $40 - 50