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Anonymous

14 Sep 2021

General Investing

IBKR USD withdrawal options?

Hi guys. Recently tested out IBKR USD withdrawal into my DBS My Account. Apparently DBS charges a $7.39USD fee for inward transfers. Is there any other multi currency account that does not charge fees for inward USD transfers? Thanks

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Same here. I think the inward transfer fee is SGD10 (which works out to be your USD7.39 approx equivalent) . I read DBS website this SGD10 fee is waived for being their DBS Treasures Customer.

Alas, I don't qualify for Treasures.

Thus I'm also very interested to find out if there's any other multicurrency account which does not charge any inward fees, whether for USD, EUR, HKD or any other common foreign currency. Thanks!

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