Hello, guys, I'm using Interactive Broker to invest in overseas market, now I'm going to make some withdrawals from the account,
I've input the usual info that's needed for withdrawal, my bank account number and the SWIFT Code, however, IB asked for the correspondent(intermediary) bank,
which when I call my bank (Maybank and CIMB) to confirm, they tell me they have no idea, LOL?
I'm guessing the customer support don't have enough understanding of international banking.


When I enter the bank swift code of Maybank/CIMB, IB does give me a list to choose the correspondent bank, and I'm pretty sure it is usually correct with any of them, but just want to double confirm.
Anyone know which one is the right one? or having experience for this?

When I enter CIMB SWIFT, the below list is given


When I enter MBB SWIFT, the below list is given


This post has been edited by Cyyap95: Oct 12 2017, 06:13 PM

Try going to Maybank or CIMB branch and ask instead of customer support. When I received tt from USA and fill up their form, there was no requirement for correspondent bank, so this may be unique to IB and not a common practise

Thanks, after asking some of my friends finally got my answer, so I went with Citibank for my withdraws to Maybank, btw it seems like our bank wasn't getting trained enough to answer banking knowledge, all they do is keep telling me there's no such thing

Anyway, got my funds next business day, quite fast.

You are welcome. I don't think Maybank is extremely familiar with tt. I remembered doing tt to USA before, and they did have some trouble in helping me fill up the form. IB is indeed very fast. Impressed.

bro how you do that? i am having headache here too

Need help here too! I called MBB customer service and they have no idea on swift code for intermediary (or correspondent) bank details for US transfer. Will try to walk in to Maybank branch to get an answer but in the meantime trying my luck to see if i can get an answer here

So by choosing Citibank as correspondent bank, it will automatically route to our Maybank personal savings account?

For CIMB:

For MBB, my colleague contacted MBB, they just provide this info:

The difference among the intermediary banks is the agent bank fees. This is what we should be comparing. Many banks can act as the intermediary bank.

Thanks! This ABA works Successful transfer!

For sharing purpose:

For UOB MY

I'm having the same problem. MBB customer service is clueless. I went to HSBC branch after speaking to CS 3 times, still no answer.

In the IB website, they ask for SWIFT/BIC code of the correspondent bank. Where do u key in the ABA number? Since ABA is a series of numbers instead of letters, I can't key it in where it ask for SWIFT/BIC code.

Does anybody know the SWIFT/BIC code for correspondent bank for either maybank or or hsbc malaysia?

This post has been edited by sukhwin79: Mar 26 2019, 02:45 PM

Hi guys,

I need some enlightenment especially from those who are working in the banking sector.

I initiated a wire transfer a XXX amount in USD from a trading platform in US to my USD account in US bank having branch in Malaysia. The final amount I received is USD 10 lesser.

I inquired two sides and both sides said that there's no fee incurred; meaning withdrawal from the trust account in the trading platform is FOC and the US bank in Malaysia doesn't charge any fee for inward TT.

Since the transfer is involved an intermediary bank, from the e-advice generated, I could see that the intermediary bank is actually the same US bank but it's based in Europe used by the trading platform.

The US bank in Malaysia said that they are not able to see if the fee is imposed by the intermediary bank. But the intermediary bank is under the same parent bank but different branches operating at different country.

Curiosity kills the cat. I'm super curious where's the USD 10 gone to if both parties denied that there's no fee incurred. Is that what the US bank in Malaysia claimed has any valid point?

Thank you.
Hope to hear some inputs from expert in here!

This post has been edited by David83: Mar 28 2019, 09:01 PM

For the US bank in MY, is it Citibank?
Most likely the $10 is charged by the intermediary bank, even though it is also a branch of the same bank.

A charge of $10 is rather small. I was once charged around $35 because two intermediary banks were involved in the transfer.

Yes, it's Citibank.

But the intermediary bank is also Citibank based in other region.

I know that USD 10 is small but what tickled me is that since intermediary bank and the beneficiary bank are from the same parent bank, why they claimed that they can't trace back the fee?