Yup EUR to Citi Germany. Although this is my first deposit via Instarem and no prior transactions so maybe it's one of the cause? I did hurry them to complete the review not sure if that's the cause 

I just did 3 Transferwise transactions, finally approved compared to the Instarem nightmare I went thru. IBKR did ask for additional documents for compliance review. I sent them the receipt, latest bank statement for proof of name and the latest bank transactions to show the transfer I did to TW. Approved in 3 hours.

I think what IBKR wants is just proof to show that the flow of money originate from an account under your name

Yup, initiated the transfer during Wednesday morning, reached IBKR Thursday and kena review, Friday night approved and funded. Total about 60 hours

Has the money reached Europe? If not then give it time most probably Monday. If reached and under review just ask them to expedite via support chat

Yep still transferring there. Looking back at my instarem txn it took me about 3 working days too
For me reach IBKR same day, review take one day for them to reply

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

Hi I just opened an IBKR account, and made my first SGD funds transfer through Transferwise. I just thought of something. How does Interactive Brokers know that the funds received from Transferwise is for my IBKR account?

When using Transferwise, I only needed to key in IBKR account number and bank name as transfer details. It didn't ask me to key in the any identifying number that would route the funds to my IBKR account ie. payment reference etc.

Any thoughts?

IBKR replied me but I can't read the message. I logged into IBKR and can't even receive any notification from the message center.



If I click on the Message Center link provided in the email, upon login, I was shown the following instead:

Just because I did not enter the correct reference, my fund is still on hold after 2 weeks, anybody experience this before?

Ok, already submitted a ticket. Did they manage to resolve your issue or it's still ongoing by now?

Good news!

Received an email from TSG. They say they are still waiting for IBKR to fix this issue.
There is hope now. I don't think their CS is so bad. At least they still manage to reply me.

I see..
i mean from the notification, usually it is just that summary.. which pretty much nothing useful..
But u just pointed to me other info that can be useful.. 

It's always have been USD10/month. It's nothing new for IB.
Not a lot of people know about IB white labels. I myself also don't know about it until last year. I have known IB for a very long time.

Yes it's USD10- amount of commission generated = nett fees you need to pay them in a month if you are using pure IB.

Pick tiered pricing and it only cost like USD0.35/transaction.