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 IBKR LLC to Maybank Malaysia, Fund Transfer

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SUSxiaojohn
post Nov 22 2023, 09:57 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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Unker just want to let you know that:
1) the swift code is not complete
2) you can have a swift code by asking the branch/telephone
3) not worth to have USD/MYR transfer…go open a multicurrency account
SUSxiaojohn
post Nov 26 2023, 12:20 AM

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QUOTE(cybermaster98 @ Nov 26 2023, 12:19 AM)
As per my post, the SWIFT code is not the issue. Even with multi currency there is still the need to do the first conversion to USD. Im only withdrawing funds years down the road.
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Ok

 

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