QUOTE(Ramjade @ Jul 3 2021, 09:09 PM)
People said TransferWise cannot transfer USD Into IBKR. Only EUR
If you have borderless account you can bank in USD as it's considered local transfer under your own name.
But since TransferWise shut down borderless account for Malaysian unlikely you will have it.
Which means any USD transfer coming from Ibkr is considered third person transfer which means automatically blocked by IBKR.
That's odd, I just signed up for Wise and I'm able to transfer USD to IBKR no problem. If you have borderless account you can bank in USD as it's considered local transfer under your own name.
But since TransferWise shut down borderless account for Malaysian unlikely you will have it.
Which means any USD transfer coming from Ibkr is considered third person transfer which means automatically blocked by IBKR.
Have a question for sifus here (apologies if its common), is the difference between investing in US funds and Irish funds significant for Malaysian? Assuming its index tracking ETFs with minimal dividends anyway.
Jul 7 2021, 06:30 PM

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