Interactive Brokers - SGD now available for funding - Part 2

[Mecisteus]

https://www.cimb.com.sg/en/personal/help-support/rates-charges/fees-charges/accounts.html

Fall-below fee (if average daily balance is less than US$1000)

US$10 per month

The FC savings account has no fall below fee.

Unable to find the wire in and out fees though.

 

[zoneguard]

The FC savings account has no fall below fee.

Unable to find the wire in and out fees though.

https://www.cimb.com.sg/en/personal/help-support/rates-charges/fees-charges/remittance.html

 

[reddevil0728]

For depositing into cryptos trading accounts.

which are you using?

 

[Mecisteus]

which are you using?

I have accounts in Binance, Kucoin, Gemini, FTX, Huobi, BlockFi, Crypto and Celsius now.

Each one has their strengths.

 

[YouHeypiCanLiao]

Tested $1 transfer to back to SCB.
Don't even need to input the acc # since they grab the info when you inwards to IBKR.

Usually a T/T how long does it take ah? a day?

 

[YouHeypiCanLiao]

https://www.interactivebrokers.com/en/index.php?f=1590&p=stocks2#europe2
USD-Denominated Products


It is not a flat USD 1.92. The minimum is USD 1.70, but it becomes 1.92 after adding some misc fees (exchange fees etc).

so tired is approximately U$1.92 per trans?

 

[reddevil0728]

Tested $1 transfer to back to SCB.
Don't even need to input the acc # since they grab the info when you inwards to IBKR.

Usually a T/T how long does it take ah? a day?

$1 SGD or USD?

i think the cut off time is before 4pm SGT (for SGD) and 4pm ES/DT (for USD) if that's the case might be same day.

 

[reddevil0728]

so tired is approximately U$1.92 per trans?

minimum around there.

 

[reddevil0728]

Which one(s)? I might be able to find an alternate path.

he mentioned.

I have accounts in Binance, Kucoin, Gemini, FTX, Huobi, BlockFi, Crypto and Celsius now.

Each one has their strengths.

 

[BBCWatcher]

I have accounts in Binance, Kucoin, Gemini, FTX, Huobi, BlockFi, Crypto and Celsius now.
Each one has their strengths.

I don't think you have enough accounts.

Do you have one or two favorites among these?

 

[Mecisteus]

I don't think you have enough accounts.

Do you have one or two favorites among these?

Diversification is key in cryptos. It's good to allocate everywhere.

Binance is definitely my favorite. Why?

 

[YouHeypiCanLiao]

$1 SGD or USD?

i think the cut off time is before 4pm SGT (for SGD) and 4pm ES/DT (for USD) if that's the case might be same day.

Thanks received already... so transfer more $ next month
and IF I need to transfer more than once, use the GIRO T+3 cheaper rite, if time is no concern.

 

[Isioganmai]

anyone has transferred from tiger brokers and CDP intro IBKR before? whats the appropriate procedure like and cost involved?

 

[netsit]

Confirming share transfer of IWDA shares from SCB to IBKR is now possible. Was charged USD39 as a one time transfer fee. Took 22 days in in total for me, completed on 22 June 2021. I followed the steps here: https://investmentmoats.com/money/t...chartered-online-trading-interactive-brokers/

 

[hin999]

Hi, anyone tried logging into the website via browser and after entering the website just given a "error' word? Was able to login via their mobile app, but would prefer to transact over my pc. Just checking if anyone experiencing the same issue?

 

[tiertime]

Hi, anyone tried logging into the website via browser and after entering the website just given a "error' word? Was able to login via their mobile app, but would prefer to transact over my pc. Just checking if anyone experiencing the same issue?

the sms came very slow, but still manage to log in with no Error

 

[reddevil0728]

the sms came very slow, but still manage to log in with no Error

Why your never use the app to authenticate?

 

[tiertime]

Why your never use the app to authenticate?

i did not know can authenticate using app, every time i click on the APP , it logs me out of my desktop.... so i have not explore how to use APP to authenticate yet... everytime use the sms

 

[reddevil0728]

i did not know can authenticate using app, every time i click on the APP , it logs me out of my desktop.... so i have not explore how to use APP to authenticate yet... everytime use the sms

Maybe should explore that

 

[louisw]

I found a minor difference between CDP direct crediting and IB SG.

For example, if the dividend payment date is Jun 28:

CDP direct - you will receive the dividend before 23:59 Jun 28 (SG time)
IB SG - you will receive the dividend before 11:59 am Jun 29 (SG time). But in the statement, the payment date is still Jun 28. I think it is US time.