Advertisement

Anonymous

29 Oct 2020

∙

General Investing

What is the most cost-efficient way to transfer USD into Interactive Brokers? Are there charges for SCB Remit on USD to USD transfer?

Interactive Brokers

1

Discussion (1)

What are your thoughts?

Learn how to style your text

Yeap Ming Feng

29 Oct 2020

Head of Seedly at Seedly

Transferring via Standard Chartered's SCRemit is free.

DBS has a similar function too, which is DBS Overseas Remit.

There are also third-party platforms such as TransferWise and Instarem.

Ultimately, I would advise you to do a comparison between all the various banks and platforms with regards to their foreign currency exchange rate (which changes from time to time).

Reply

Save

Write your thoughts

Related Posts

What's the most cost-efficient way to deposit USD into a US Brokerage?

Is SAXO or Interactive Brokers more cost-efficient for LSE?

If I am trading US stocks via tigers or FSMone, what’s the most cost efficient way if I decide to cash out my earnings? Also is there any transaction fees for transferring USD from tiger/FSMone to DBS?

Is there any way to withdraw USD from IBKR(interactive brokers) to SG local bank without telegraphic charges?

What's the most cost efficient way to transfer my USD cash into IBKR in Singapore?

Related Products

Interactive Brokers

4.0

38 Reviews

$0

MINIMUM FEE

Market Spread

TRADING FEES

Custodian

STOCK HOLDING TYPE

Related Posts

What's the most cost-efficient way to deposit USD into a US Brokerage?

Is SAXO or Interactive Brokers more cost-efficient for LSE?

If I am trading US stocks via tigers or FSMone, what’s the most cost efficient way if I decide to cash out my earnings? Also is there any transaction fees for transferring USD from tiger/FSMone to DBS?

Is there any way to withdraw USD from IBKR(interactive brokers) to SG local bank without telegraphic charges?

What's the most cost efficient way to transfer my USD cash into IBKR in Singapore?

Advertisement