I'm currently studying in Germany but I think the process is more or less the same.

Step 1: Get the swiss tax voucher from ibkr or activity statements with 'account details', 'withholding tax', and 'dividends' on the day the dividend is paid (like I said before I can't guarantee that that will work every time).

Step 2: Download Form 60 and Snapform Viewer from www.estv.admin.ch/estv/de/home/internationales-steuerrecht/international-laender/sif/malaysia.html#-1277406365 (for some reason the website is only available in German, French and Italian).

Step 3: Fill up the form. There are instructions on the last page.

Step 4: Print three copies of the form and get those certified by LHDN (I'm not too sure about how this step goes in Malaysia, in Germany, I just sent the form to my local tax office and they sent it back after they certified it. They also kept one copy for themselves.).

Step 5: Send the documents to


Step 6: Wait for the confirmation letter. It is important that you keep the confirmation letter because you will be given an FTA-ID that you have to put in the form every time you want to apply for a refund.
All in all, it took me five weeks to get my refund, including the two weeks it took for my local tax office to send back the forms. Probably there aren't that many companies that distribute dividends this time of year because from what I read from others, sometimes it takes months for them to get the refunds.

You might also want to consider the cost like postage, TT fees when applying for refunds.

The withholding tax should be the same for both countries, 35% by default and 15% according to double tax agreement. The rest can be reclaimed by application.

It cost me 1.10€(RM5) to send documents to Switzerland. RM7.20 to send a mail to Switzerland from Malaysia according to Pos Malaysia website.

I have to delete the url because I can’t post them.

after procrastinated for half a year, I finally opened an IBKR and CIMB Singapore account. Transferring from Wise to CIMB Singapore has a fee, then currency conversion from SGD to USD in IBKR also got a fee, this is normal right?

Wise fee is ok, but the currency conversion in IBKR from SGD to USD is really pain, I lost like around 3 usd for a 490 SGD conversion to USD, is there a better way to convert to usd?

Why not straight from CIMB MY -> CIMB SG -> IBKR , this i think maybe quite cost competitive also.......has anyone compare this way vs wise??

IBKR has forex? I look at their page don't have much information on currency forex pairing......or are you using their forex CFD??
Can enlighten me abit...
Do they have forex calculator like Oanda?

Arigato

Sorry, i missed some details........
CIMB MY (MYR) -> CIMB SG (SGD) -> IBKR (SGD) -> IBKR (USD)
overall how much of cost advantage doing this way vs the Ziet way? If it's under 0.2% difference (for example), some user might just accept it for varies reasons. Or as a alternative cost effective route if the Ziet's WISE way got highly restricted.
If its under 0.2% difference (for example), some might just op for this route..........of course if it turns out to be 0.5% or more, some will just avoid entirely

Thanks for the reply..
But i notice, it's a direct conversion of 1:1, how about leverage feature for forex? 

Yes got Forex. But each trade/conversion cost usd2.00.
Do not use cimb my -> cimb sg. Use fintech Sunway money, bigpay.
Cimb my -> Sunway money, bigpay -> cimb sg.
You can direct transfer if you have borderless account. No questions will be asked. Been there done that. You cannot direct transfer if you don't have borderless account. That's why I you see me supporting TransferWise so much. A borderless account is very powerful for poor Malaysians who cannot travel to us to open bank account. It lets you have a virtual us bank under your name.

Means if transfer direct from CIMB SG to IBKR only can avoid this compliance check? Won't it be expensive for the FX rate since bank conversion to USD is shitty rate? Or u guys are converting SGD to USD at IBKR? Confused here.

The conversion medium he used for both examples are using Wise. What i meant was using cimb(MY) to cimb(SG) as conversion medium. Wise most likely to be the most cost effective, however, my argument is "how much more cost effective" when comparing using cimb(MY) to cimb(SG) as medium. As it seems that cimb(MY) to cimb(SG) gives a competitive as well. If its just a 0.1 or 0.2% difference, some users might find this more fitting to their uses or reasons.

Yes I had did many deposits from wise to IBKR.. All next day arrive, so far no delays. As long input as to how he had guided in the video.

sorry to ask, but what is "Sunway money"? an fintech company like wise/bigpay?

thanks! and wow, only Rm1 service fees to transfer to international account? Even wise charged like RM5 - RM 10 for conversion and transfer

I done a test last night at around 10pm of sending USD from Wise directly to IBKR, received in IBKR this morning. Is this the recommended way? Hope they won't audit me in the future 

hey guys, I bought Alibaba share last week, IBKR says there'll be some fees for ADR shares or something, I know most china company stock in US is like there's a holding company and investor outside of china do not actually own the stock.

But regardless, IBKR doenst tell me how much the fees will be, is this something I should be worry to hold for long term? scare there's an ADR fee or something every month/day or so

Hey Guys, for IBKR it doesn't charge Inactiviy fees anymore?
https://www.interactivebrokers.com/en/index.php?f=4969

If we trade US stocks it will be under Individual Account right?

Also the Fees are minimum USD1 , max 1% of trade value?

Ahh I see...then the tiered is much better than fix right, why would anyone want to select fix then

Is it just me or is the IBKR website is really slow for the past few days? hmmm