I just checked. I never sent SGD directly to IBKR before :X
Sent to my CIMB SG account then transfer to their IBKR account via FAST.
Haven't done so in a long time.

Maybe the others can help?
I can only help if you're transferring EUR.

Hmm. But I still think Sunway is currently cheaper. You get more foreign currency for every RM you put in.
If don't bother about the rates because a company can give good rates but charge higher fee. Another can lie to you by charging low fee but give unfavourable rates.
So the best way to measure is how much input (RM) you put in gives you how much output (foreign currency).

I'm not sure whether IBKR accepts Sunway Money. But another alternative is to convert to SGD via Sunway Money to SG Bank Account -> IBKR (SGD) -> Foreign Currency.
Although might pay a bit converting on IBKR.
If someone successfully sent money to IBKR via Sunway Money, let me know.
Yeah I think you need to buy directly from market. Most dividend reinvestment plans don't give you the option to 'top up'.
Btw, if you have little units, it might be worthwhile not to opt for reinvestment and take cash dividend to buy from the open market instead.

is FAST the Malaysia's CIMB spendsend? 
does Sunway Money accept online topup without have to go to their kiosk?

I've got their Everyday Global Account, can send directly via Wire but the forex rate bloody expensive even with a Premier account. Not recommended use Transferwise instead

can receive USD in HSBC or not?
Thinking of withdrawing USD to a local bank, and possibly transferring USD out of the bank to IBKR again.

can receive USD in HSBC or not?
Thinking of withdrawing USD to a local bank, and possibly transferring USD out of the bank to IBKR again.

Never tried receiving USD, but just double confirmed with them that they can receive USD without going thru conversion

I'd like to know what fees are involved if one transfers USD from their HSBC multi-currency account to IBKR ...

Please report back if anyone has tried it.

How fast is the turnaround for withdrawal?

you can send usd directly to sg bank...if account is multi currency, it's kept as usd... if not, bank will auto convert to sgd at their expensive fx rate

does this concept apply to direct withdrawal from ibkr (in USD) to m'sian banks (in MYR after conversion using bank's rate)?

assuming the account holder for both ibkr and the bank is the same person/name

does this concept apply to direct withdrawal from ibkr (in USD) to m'sian banks (in MYR after conversion using bank's rate)?

assuming the account holder for both ibkr and the bank is the same person/name

yes.

withdrawal USD from IBKR will auto convert into MYR at bank's rate.

You mean IBKR USD send to a USD Foreign Currency Account in Malaysia?

I hv been using a Malaysia broker and IG to trade Mini HSI and e-mini DJI futures contract. all these brokers give me all in one access for market data but then ofcoz the downside is commission, for emini DJI the Malaysia broker charge me $6 while IB only $2 ( if I read it correctly). and IG is a CFD broker not a real future contract. The low commission tempted me to move to IB.

back to the market data, IB charges only about $10 for US market ( level 1 + level 2) and can be offset against commission. however for HK market data the fee is about HKD 400 a month, and can not be offset against commission. I am still learning hard what is level 1 and level 2 and not sure yet if I understand them fully. looking at the fee I m thinking continue with my Malaysia broker for HSI and use IB only for US market...

anyone here us IB to trade futures appreciate it if you could share your thoughts.

Thanks

Hi.. register, but dont have SGD account.. how to process to transfer money.. call SG IB, no people answer call ..

Mind to share the process to do

thanks

Be aware that HolyAssassin's transaction was rejected earlier.
Email and phone is not important. Can put their email but your phone number.

After 4 days and this happen.

You were warned. Go try transferwise now they are much faster than REM and it works

yes.

withdrawal USD from IBKR will auto convert into MYR at bank's rate.