Interactive Brokers (IBKR) wire transfer fees

Hi Anon,

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If you're using IBKR SG and funding in SGD, there should be no charges.

If you're funding FX, there should be TT fees.

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If you want to fund your IBKR account in FX, my suggestion would be to open a DBS MCA like Multiplier. It will allow you to fund your IBKR account in FX with 0 fees (either via free wire transfer for IBKR SG, or free overseas remit for IBKR LLC).

I wrote more about this on my blog, you can check it out if you're interested! https://www.thefrugalstudent.com/interactive-br...

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Regards,

thefrugalstudent

Should be no fee bah, since they have their own DBS account in SG