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Investment Put fund into Ameritrade
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lee82gx
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 Dec 15 2020, 09:43 PM
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QUOTE(xerxesbear_1 @ Dec 12 2020, 06:36 PM) Dear Guys, update: so the transfer above worked. I transferred US 60.80 (RM 250) into my TDA SG account and all went in, no less. Apparently Wells Fargo seem to not have charged me the USD 25 dollar wire transfer fee. Maybe the amount was too little so there was no wire transfer fee? Has anyone experienced this? I will continue to monitor and try transferring a larger sum. how much was the TT charges from Maybank? They don't charge you wire transfer fee for incoming, it is charged for outgoing. Thanks for sharing. |
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lee82gx
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Dec 15 2020, 10:05 PM
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QUOTE(waghyu @ Dec 15 2020, 09:59 PM) they charge for incoming TT as well lo. But flat rate per tx. . Sure or not bro...i mean I havent used TD before, but I assumed all incoming transfers are free (except if not in USD). |
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lee82gx
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Dec 15 2020, 10:40 PM
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QUOTE(waghyu @ Dec 15 2020, 10:09 PM) Once money arrive in local bank, they convert using their rate (assume send usd to myr account) + some fix rate like 5 USD. But peanut if you withdrawing hundreds of thousands. Oh, I was referring to funds going INTO TDAmeritrade, not the other way round. I was asking about the cost to do a TT from Malaysia into TD, from start to end. |
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lee82gx
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Dec 16 2020, 12:00 AM
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QUOTE(waghyu @ Dec 15 2020, 10:45 PM) For this objective, not via Maybank, you want to get best rate as possible. How big amount? If small dont bother just proceed. Maybe 3k every 3 months, myr. |
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lee82gx
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Dec 20 2020, 10:17 PM
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QUOTE(xerxesbear_1 @ Dec 20 2020, 01:49 PM) TT charges from maybank is RM 10  Wells Fargo will charge you USD 30 for the incoming wire transfer fee, which is quite hefty, but at least the money appears within the same day or next day in your TD account. I used to use IBKR white label and do ACH transfer from my US account, and the waiting period is like 5 working days, damn long. 30usd is indeed hefty. I wonder if you have tried instarem or Sunway money |
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lee82gx
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Dec 21 2020, 09:58 AM
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QUOTE(bill11 @ Dec 20 2020, 10:35 PM) Lazy to install so many apps.. with even more potential data leakages everywhere. i kena charged multiple USD30 already ... can be easily earn back from US market with FIFO ... I get your point with risk. Its not ideal either way and its always a compromise somewhere. For those of us trying to fund bit by bit it is a deterrence, but such is the rules today. |
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