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 IBKR LLC to Maybank Malaysia, Fund Transfer

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Ramjade
post Oct 13 2023, 05:45 PM

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QUOTE(cybermaster98 @ Oct 13 2023, 10:28 AM)
I tried making a fund transfer from IBKR to Maybank but was told that i need to get a Correspondence Bank in order to make the transfer. The Maybank SWIFT code isnt accepted by IBKR. I called and spoke to Maybank and they couldnt provide a solution.

Has anybody here done such a transfer from IBKR to Maybank? Please advice.
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You need to be soecifi5to Maybank. What is Maybank US correspondence address not Maybank swift code.
Ramjade
post Oct 16 2023, 01:13 PM

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QUOTE(cybermaster98 @ Oct 16 2023, 11:36 AM)
Have you done a similar transfer from IBKR to Maybank Malaysia?
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No. But I have experience transfering money overseas and I got a shock at the amount they charge. Cause all Asian banks have a intermediate bank that also take a cut of the money. So you need to know who is that intermediate bank is.

QUOTE(cybermaster98 @ Oct 16 2023, 11:36 AM)
I cant try something which i dont have access to. I have a Maybank Malaysia account which i want to transfer funds to from the US.
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Well then time for you to open an account to make your life easier.

 

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