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Anonymous

06 Jun 2021

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Funding IBKR using DBS Standing Instructions

Wanted to find out if it is safe the set up a monthly standing instruction into IBKR from DBS. Would IBKR's receving bank change without notice etc? And in that case, where would the funds go. THanks

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To the moon and stars

06 Jun 2021

Have been using ibkr International for almost 2 years now(before ibkr sg was set up).

Should their bank changes, they will most likely email you in advance to notify you to make the change by the dute date. It is the same for any updates to your account status/new charges/fees/margins

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