Hi,

May I know how do you fund and withdraw funds from TD Ameritrade?

Is it just using Malaysia bank to fund, and withdraw it directly into your own Malaysia bank? Or do you use offshore/Singapore bank?

Thanks.

yes, you can. just provide the information to bank and the banker will fill up for you.

https://www.tdameritrade.com.sg/why-td-amer...nd-funding.html

Yes you can. I used maybank2u to fund. Quite easy and fast

Thanks, how about withdrawal? Also back to your Malaysia Maybank account?

Thanks Labtec, may I know for withdrawal you also to Malaysia Maybank right?

as in using international telegraphic transfer?

Yeap

i see.. guess u'll need to go through the higher bank charges and unfavourable exchange rates

how about when u withdraw from ur TD Ameritrade acc? goes back straight into ur maybank acc? TS is waiting for ur reply regarding this

you can wire to any bank you want, ameritrade just helping with your wire transfer instruction and there is no fee. The exchange rate will based on your receiving bank and the bank or the middleman bank will charge you a fix wire transfer fee, just like your normal wire transfer.

yes, when withdrawing also back to maybank account. all these with a fee... i forgot how much already.. but there's a limit if online.. which is rm10,000 every time

I see, thanks all for the help!

Hi Stephdreamcloud, I have tried to find my newly open TD Ameritrade SG account using foreign Telegraphic Transfer via Maybank2U online but I am stuck at Transfer Details in which I have to state the purpose. There’s no way for me to select ‘For Investment’, it only allows selection of transfer to family, as wages or education service abroad. May I have your advice in this matter please? TQ

I will pm u on the details abit later today because no time to on P.C. yet. There’s quite a lot of field to fill before the maybank2u auto log out so get all details ready.



This is the details I asked from td Singapore in order to fill in maybank2u tt. U can try first.
U can ask from them this doc if u want but they haven’t replied me for two weeks since my last email to them on the trade commission thingy

I remembered once filled all in then easy to just click click. Got investment thingy also one. And there’s a blog online that blog about the steps too. Hope this helps

SGD or USD

choose this. if all has been filled in correctly, all these will appear and you just select accordingly.

convert ringgit to usd (there will be a field for you to do so in the tt page in maybank2u)

I tried with Malaysia CIMB bank (CIMB clicks) but it was refunded

Hi guys , i am new to TD ameritrade as well. Hows the dividend go if your holding company pay out dividend? It will stay in your thinkorswim account?

why does my sub purpose only shows "private transfer - to immediate family members" ? been having this issue for 2 days now, have no idea what to do

At my first try, I had that issue too. But I realised after filling up all correctly, it appeared ya.

yup - in held in your TDASG and remember, dividend tax is 30% if you're an NRA (Non Resident Alien) to US' IRS tax laws