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 Interactive Brokers (IBKR), IBKR users, welcome!

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Dage
post Jul 5 2020, 11:48 AM

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Joined: Jun 2007


hi, i have recently started to withdraw money on monthly basis from interactive brokers to maybank.
everytime, i do the transfer, the bank will call me to ask about the source of the fund because the amount is >10kMYR

1. is there a workaround for this? is foreign bank (HSBC or CItibank) better in this regards?
2. THe withdrawal from IB to Maybank cost me about USD25. this is a bit too much in my perspective, anyone has experience with other banks?

TIA
Dage
post Jul 6 2020, 04:44 PM

Getting Started
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Junior Member
178 posts

Joined: Jun 2007


QUOTE(michaelangelo @ Jul 6 2020, 04:16 PM)
May I know what is market data subscriber status? What i click on Fund transfer, this page will prompt out to ask me choose either Professional and Non Professional. I am afraid that i may be charged for market data subscription
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non profesional
Dage
post Jul 6 2020, 04:48 PM

Getting Started
**
Junior Member
178 posts

Joined: Jun 2007


QUOTE(Krv23490 @ Jul 5 2020, 02:53 PM)
from IB to Malaysian bank account ? If it is, Why dont you open a Singaporean account (cimb/sg) ?
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thanks, so , i am a malaysian, i can just go to the cimb branch and open an SG account?

 

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