BEST Way to Fund Interactive Brokers - Wise DIRECT Funding

[@ZietInvests]

🔵 𝗚𝗲𝘁 𝗙𝗥𝗘𝗘 𝗧𝗿𝗮𝗻𝘀𝗳𝗲𝗿 𝘄𝗶𝘁𝗵 𝗪𝗶𝘀𝗲 ➡️ wise.com/invite/u/weif84 🔴 𝗦𝘁𝗮𝗿𝘁 𝗜𝗻𝘃𝗲𝘀𝘁𝗶𝗻𝗴 𝘄𝗶𝘁𝗵 𝗜𝗕𝗞𝗥 ➡️ www.interactivebrokers.com/mkt/?src=zietPY2&url=%2Fen%2Fwhyib%2Foverview.php%3Fnored%3Dt 🔵 How to open a Wise account ➡️ kzbin.info/www/bejne/fmqcoJuNqNOif68 If you found this video helpful, it would do our team a great pleasure if you can check out Interactive Brokers (with the link above), as we will receive a very tiny kick back - we promise to make more and higher quality videos for all of you ❤ Have a nice day ahead!

[@PhantomDane]

Always very informative. I started actively trading now and the only Malaysian KZbinr I look for when it comes to funding accounts and any financial updates. Reliable resource and very helpful especially to Malaysians looking towards the path to Investing. Thank you so much!

[@ZietInvests]

Wow! You have no idea how much I appreciate this, Phantom. Thank you so much. More to come for sure!

[@cripz1436]

I was finally able to do this today! Made my first deposit, and I'm happy I can finally invest! This is huge progress for me.

[@ZietInvests]

wooohoo lets gooo

[@jhristu]

Thanks for the video. Wouldn't it be better to send local currency to IBKR and use its forex conversion to then convert it to USD? It's probably cheaper or better rate than what Wise gives you.

[@charlottehe3452]

Does IBKR charge for conversion?

[@tangzhixuan]

Hi Ziet, so for now, as of September 2023 😂, this method Wise Direct Funding is the cheapest way for us Malaysian to fund IBKR right? Compared to Wise + CIMB Sg, WISE ACH and FTT. Thanks again Ziet!

[@AdrianMillionaireProfile]

HI Ziet , I am a bit confused on how to fund the IBKR . What is the cheapest and safest way . I see your video on CIMB SG + WISE and then this which should I follow . Really appreciate if you can guide me . Thanks again.

[@drbenirusani]

Yes i'm also confused. So this is cheaper than via CIMB Singapore ?

[@abigaellin]

I remember you mentioning in another video where it would be better to buy ETFS that are traded on the London Stock Stock Exchange (Ireland-domiciled ETFs) rather than US-domiciled ETFs due to the 15% vs 30% tax on the dividends earned. In that case, would you top up British pounds rather than USD to your IBKR account? Wondering because you said in this video that you only trade US stocks on your IBKR and so you only top up USD.

[@JohnnyMograph]

Awesome video Ziet! a question, do you have a Wise account from USA or from your country? 🙏

[@ZietInvests]

Thank you Johnny! I have it from my country 😁

[@jonathanyeap5459]

Thank you for your video. Just try out the wise payment to interactive broker. Seem very smooth. Will support your channel 😊

[@ZietInvests]

Awesome, thank you!!😄

[@sahathevanmohanasundaram7130]

Hey Ziet, thanks for another great and informative video! Hoping to get your help on this. I have linked my Wise account to IBKR. Now to buy Stocks in IBKR with USD, which would be the best way to fund my IBKR account: 1. Transfer MYR from Wise to USD in IBKR? 2. Convert from MYR to USD in Wise, and then transer USD to IBKR? 3. Transfer MYR from Wise to MYR in IBKR, then Currency Convert from MYR to USD in IBKR?

[@sahathevanmohanasundaram7130]

**Update IBKR only seems to accept USD, GBP and another major currency (I forgot) when transferring via Wise. So No.3 above is not possible.

[@konchy]

It's slightly cheaper to convert to USD in WISE before transferring to ibkr

[@drbenirusani]

Hi Bro Tuan Ziet, so for now, as of April 2024 , this method Wise Direct Funding is the cheapest way for us Malaysian to fund IBKR right? Compared to Wise + CIMB Sg, WISE ACH and FTT. Thanks again Ziet!

[@khairilnajimi9630]

Is it not even cheaper if we converted MYR to USD directly in Wise, then transferred it to IBKR in USD? According to my observations, the fee is only 0.39 USD.

[@ultimatejy9393]

and it's FOC, if you have USD account in Wise, and transfer via ACH

[@ZietInvests]

Actually you are right, ACH does seem cheaper at 2nd look, with the convenience being the tradeoff. Will do an updated comparison on their fees!

[@dhinneshjeevan8506]

@@ultimatejy9393 How sure how you get FOC, but I just tried transfering USD to IBKR via ACH and the fee is 0.39 USD

[@dhinneshjeevan8506]

From my observation, if you're transferring USD to IBKR, it doesn't matter which way you choose (either via IBKR or Wise ACH), the fee is the same which is $ 0.39. What is different is when you try to deposit MYR to IBKR. If I use IBKR to transfer MYR 10,000 from Wise, I will receive USD 2,177.06 with exchange rate 0.219226 with MYR 69.32 fee. If I use Wise ACH to transfer MYR 10,000 to IBKR, IBKR will receive USD 2177.71 with the same exchange rate, but fee is MYR 66.36. So, if you use IBKR to deposit from Wise with MYR, it's slightly more expensive. But if you're transferring USD, either way works the same.

[@raymondc96]

@@dhinneshjeevan8506 Bro meaning like I should fund USD in my wise and then transfer into IBKR?

[@liankokkeong9752]

This is my first try. I just did the transfer using wise to ibkr following exact same way as the video does. But there is additional step did not mention in the video, i still need to manually 'verify/approve' the transaction from wise app together with some questions in order to complete the transaction. Now just wait for the money to go in to my ibkr account 😀. Thanks for the tutorial btw good video!

[@tangzhixuan]

Hi Ziet, so for now, as of September 2023 😂, Wise Direct Funding OR Wise + CIMB Sg, OR WISE ACH is the cheapest option for us Malaysian ya? Thanks again Ziet!

[@drbenirusani]

hi Have you gotten the answer?

[@ultrachiek90]

This is so much simpler! No need to go through cimb sg anymore. Is everything the same except for this method being faster and simpler?

[@ZietInvests]

Hi Chiek, yes! But it is slightlyyyy more pricey but definitely worth the hassle saved!

[@forrest2050]

HI Ziet! Can you please do a video on best Distributing (dividend) ETF for non-US buyers?

[@Sherney]

I just started to use your recommended method, good news is zero fee now❤

[@ZietInvests]

Niceee, glad to see you finding this video helpful sherney!

[@soulseek80nic20]

hi. would you agree that the fee for transfering big amount is a lot more on Wise than using a bank? Opinion? pls?

[@woodliao317]

I KNOW, FFT From bank to oversea, USD20-25 dollar, god damn much and finally ! we hv cheaper cost savings for past 3 years till now~ thank u once again for sharing!

[@ZietInvests]

Happy to share!

[@rometlempu8573]

Hey Ziet! Thanks for making this video. Is this also the cheapest way to fund interactive brokers (or is ACH better)? And can you also link me the cheapest way to fund a wise account via bank account? Appreciate your help =)

[@asterginete3812]

I live in Japan and the transfer from Wise option is not available in my interactive brokers account. Is it exclusive to a US account?

[@chpoh4586]

Thanks Ziet. Just wonder if my IB based currency is US dollar , can I send HK dollar to IB from Wise. Hope to hear from you soon.

[@jm0402]

Is this method cheaper than Wise > CIMB SG > IBKR ?

[@cjee5030]

Thanks Ziet, great info. I created the MYR account in my wise. But at the Add button, there are 22 currencies available but no MYR, can i know why?

[@ZietInvests]

Hi Cj, is this a new account? Have you verified it?

[@cjee5030]

I have been using wise to send my MYR to SGD many times for the past 1 year. This is the first time I tried to create MYR balance in Wise after watched your video. Thot it is good and want to try.

[@JT-ls9je]

Is there any dollar saving between adding $USD from the local bank currency to Wise and deposit into IBKR as compare to add $RM to Wise and deposit $USD into IBKR?

[@JonFord94]

Does the same method work in the opposite direction? withdrawing from IBKR to WISE then to MY bank?

[@ZietInvests]

Yes and yes!

[@ahmednour1610]

what about withdrawals into my wise account , is it any easier now ?

[@ZietInvests]

Using the Wise method, definitely much more convenient! I have a video on that coming out soon - so stay tuned!

[@YourBrotherDjamal]

Thanks for the video, how would you do to transfer from Wise to another bank account, using Interactive Broker? They have better money exchange rate. Thank you.

[@ZietInvests]

Hi, IBKR only allows withdrawal to a bank account with your name only ya

[@MrCatherineskteoh]

Ziet... I'm a Malaysian and would like to trade the US market, would you advise me to open account with IBKR US or IBKR SG? It's so confusing and I heard there's a 8% GST involved with IBKR SG, hope to hear your advise with thanks

[@ZietInvests]

As far as I know, you don't get to choose the entity, why not give a shot first! :)

[@lowsianghong1957]

does this mean we don't need a Singapore CIMB account anymore ?

[@k3vin7]

Yeap not necessary anymore

[@ZietInvests]

Technically yes! (If funding and withdrawal is your only usage for the account)

[@kunwing8669]

CIMB singapore still needed , their SGD convert to RM ( Fee & Rate = 0.20-0.30%) still better than Wise SGD convert to RM ( Fee & Rate = 0.60-0.70% ) , especially if you want send back Money to Malaysia can be like this USD > SGD > RM instead of USD > RM .

[@shirleyjleong6780]

Great clip! Yet to fund my IB and this came in very timely. Will try out transferring from MYR to Wise USD balance. What if i have USD in SG bank? Easier to fund IB direct from SG-based USD FCY or from Wise?

[@trucmai3000]

Can you do the updated video for withdraw from interactive broker to wise account since now IB allowed to link wise account? The previous video may not be relevant anymore. Thank you.

[@ZietInvests]

Hi Truc Mai, yes I will do that! Please stay tuned 🥰

[@joshlee9744]

is the exchange rates from wise (MYR) > IBKR (USD) better than CIMB (MYR) > CIMB (SGD) > IBKR (SGD) > IBKR (USD)?

[@ZietInvests]

In this case the rate is not the problem anymore, its the spread of double conversion n fees involved that matters more. Need more testing to properly know the figures but at this moment the difference seems marginal

[@vinit322]

Can I withdraw fund from IBKR also through wise account?

[@nandhinijagadiswaran4576]

Thanks again Ziet!!! Really appreciate the your effort .

[@ZietInvests]

You’re most welcome Nandhini! 😄 do check out my other videos!

[@nandhinijagadiswaran4576]

@@ZietInvests I'm keep following your contents Ziet!?!加油加油！！

[@limann8866]

Should I change my myr to USD first in wise?

[@ZietInvests]

You can keep it as MYR, and just deposit to IBKR (as MYR) and it will automatically convert to USD for you as well (otherwise, you can convert in Wise to USD first, works either way)

[@fatimaalzhra2141]

I can’t fund my wise account with the EGP currency! Only few currencies are available, what should I do? I didn’t even see the Malaysian currency ! How did you do it?

[@ZietInvests]

Hmmm, try checking with Wise support? Have your account been verified?

[@mattrfay]

I have a Canadian account...I don't see this option, is it limited to certain countries?

[@ultimatejy9393]

Thanks for this video!! But I have to say, ACH routing from Wise USD account is still cheaper then sending MYR to IBKR directly I notice there is additional ~0.36USD when funding my IBKR using MYR through Wise, compared to convert MYR->USD then ACH to IBKR. For experiment purpose, I am just testing with 400RM, done both within a 30s timeframe to factor out fx rate :p perhaps the fee is lower for higher amount of transactions :)

[@ZietInvests]

You could be right! Need to test out higher amount to see the comparison because of their fixed fee portion!

[@CarlosPedroche]

Hello my friend, I'm not a US citizen either, I'm from Colombia. If I have understood you correctly, I must add balance with my local currency (Colombian Peso) in Wise and transform it into USD and then send it to IB through ACH transfer?

[@ultimatejy9393]

@@CarlosPedroche yes, if IBKR not supporting direct funding of Colombian Peso, if it does, i believe the best way is directly fund Peso to IB, and convert to USD within IB

[@dhinadhayaalanganesan5043]

Hi Ziet. Great video as always. I have a question. Since we are able directly to fund IBKR from Wise, is it also possible to withdraw from IBKR to Wise directly?

[@ZietInvests]

Hey there! Yes, you can actually - am working a vid on this already. So stay tuned :)

[@Nik-up5kg]

Cav you withdraw and deposit from interactive brokers to wise account ? 😊

[@ZietInvests]

Hi Nik, yes you can!

[@renelow9099]

After linking your wise to IBKR, is it possible to just sent the funds over from wise app to IBKR without logging into IBKR?

[@igambit9674]

if use the international wire transfer what is the bank name should be used? because the wisetransfer ltd is not a bank name. thanks

[@kenlin728]

I can't link due to inconsistent information. How to check for each accounts for the error? What if the error is due to my age? I can't seen to edit my age on wise account. Edit: I checked my account. It's likely my age. Should I shut down and open a new Wise account? Can I fool it? Does it check my ic to have a balance there?

[@ZietInvests]

Hi Ken, i dont think you can fool it since you applied with your national IC right? Hmm...try asking Wise support if they can help you with this?

[@jyc8730]

Hi! What would be the minimum deposit amount required to offset fees in IBKR? Would RM2.5k - 3k be enough for each transaction?

[@ZietInvests]

Hi JY, i think based off the table i shown in this table, sending RM 1k vs RM 5k doesn't have much difference, so your 2-3k is good enough in my opinion!

[@seowiman5687]

Hi Ziet, thanks for sharing the video, it's very informative. I have a concern about opening an account with IBKR as I work from home, will this be an issue? as the application requires to indicate company information, kindly advise, thanks.

[@ZietInvests]

Hey there, shouldn't be a big issue actually as long as you can prove the income source is legit. You can check out this vid for more info: kzbin.info/www/bejne/nJDCeZqAh8pmpLc

[@konchy]

Does this obsolete the opening a CIMB SG account method for Malaysians? Thanks

[@careless-whisper-80]

What is the difference between add or receive menu to fund ?

[@MarcJiulianoLopez]

Is this process only available for Malaysia? I'm trying to fund my account but it has charges. I'm from the Philippines btw

[@ZietInvests]

The process isn’t limited to Malaysia! You should be able to fund your account from the Philippines, though there may be additional charges depending on your method.

[@StephenKong-o8d]

Thanks for the guide, Ziet! However, I received an error saying "Your Wise account cannot be linked". My account was created under TSG-IBKR, do I need to de-link my account from TSG first? Is that an issue?

[@ZietInvests]

Hey Stephen! Yeah I believe so, unfortunately.

[@kafka2347]

Cool, does it work for withdrawal as well? i.e. directly from IBKR to ur wise account

[@ZietInvests]

Yes!

[@jloo9340]

Hey Ziet, I'm getting the error message "Your Wise account cannot be linked. Your account information at Wise (name, address, date of birth, etc.) does not match the information on your account at IBKR." You ever helped someone with this incident?

[@kiatkevin4087]

Hi, Ziet, is it still worth it to DCA every month using this method if you are depositing RM500 every month?

[@ZietInvests]

Hi Kevin, i'd think there will always be some fees so RM 500 might not be the "cheapest" thing to do every month, but if you dont mind the small fees then this method still ok one

[@dineshk6282]

In terms of savings, is it still better with funding IBKR via Wise direct funding or CIMB SG route?

[@ZietInvests]

Hi, CIMB SG route is slightly cheaper but not by a huge margin ya. Cheapest route is Wise ACH method

[@yoongshernhew1692]

I wish to know what is the purpose of opening a cimb sg account since direct funding via wise is available?

[@ZietInvests]

Hi yoongshern, last time direct wise funding was not available oh, we had to go through cimb sg route to fund ibkr with sgd cheaply

[@hunyao4028]

Hi Ziet, thanks for the video. Wondering if there is a way to automate transfer from bank account to wise? Currently I have automated from wise to IBKR

[@Jay47739]

May I know how do you automate from wise to ibkr?

[@nexustech1071]

Ziet, I saw the IBKR balance transfer only allow us to receive in Euro, USD and GBP. I have SGD in Wise and would like to transfer as SGD in IBKR as i would like to trade SG market. Is it possible to recieve in SGD?

[@gaiusho4906]

Hello, So is Wise cheaper compared to sending local currency to IBKR and then exchnaging it to USD?

[@ZietInvests]

Depends on what you are comparing it to! Cheaper than Foreign Telegraphic Transfers (FTT) by a lot, but slightly more expensive than CIMB SG route

[@Emkyinshanworldofenthusiasm]

I got money inside IB, one day if wanna transfer back, any limit of amount to transfer back to malaysia bank?

[@ZietInvests]

Hi, technically no limit to transfer back ya

[@tsyuan1584]

Hi. I cant transfer from wise..it ask me to enable 2 step login. Is it same things with two factor authentication? But I have done my two factor authentication. still cant transfer.thanks

[@euniceakper7780]

Do you want somethig to fix the stuffs on your face ? Had a friend that had something like that a year ago

[@veggie-mannn]

Bro, how about IBKR to WISE in USD currency, is it possible?

[@nostalgic65]

Thank you, Very helpful. I just did a transfer,

[@ZietInvests]

Awesome! Here's how you can withdraw if you need them kzbin.info/www/bejne/mobCgpWPlqZmmpofeature=shared Voila!

[@temesgenfeseha1972]

Thank you for this Ziet!! Your Awesome!!

[@ZietInvests]

So glad you liked it buddy!

[@driveinnorthamerica]

Is there something to activate in order to see the "wise option"? I still don't have it. Thanks for your videos !!

[@ZietInvests]

Wait til end of March!

[@driveinnorthamerica]

@@ZietInvests alright thanks !

[@rickdee888]

How about transfer money from IBKR to WISE?

[@ZietInvests]

Should be more or less the same but done in reverse! Just click withdraw to Wise balance!

[@ubadaahnaf346]

there is nothing on my Account tab. what do i do

[@ontengh6599]

Why suddenly maybank doesnt allow direct transfer to ibkr

[@ZietInvests]

got select the right currency?

[@lauraalbeza1349]

Thank you so much for this content! Keep up the good work!

[@ZietInvests]

You’re most welcome Laura!!

[@ashleylau93]

Hi Ziet, would like to ask you would it be more cost saving if i were to transfer from wise acc ( in USD) to IBKR (in USD)?? or will there still be a fixed charge for that ie double charge like that?

[@ZietInvests]

Hi ashley, its the same ya, when you send MYR (it will auto convert in the process) vs send USD directly, very marginal difference in terms of forex

[@david_lifeandgames]

Bro if withdraw still refer to your previous videos right? Best go through SG bank then to MY bank?

[@ZietInvests]

Can withdraw via wise, same route. Will make an update video on that!

[@ClaudiaVinsent]

If I’d like to transfer more than RM30k, would you recommend doing the process several times since Wise can only hold RM30k in the wallet each time?

[@ZietInvests]

Hi Claudia, i think there is a daily transfer limit of RM 20K, so yeah, might have to do it in separate transactions (days)

[@soniakhameed3412]

I am a non-US resident paying 30% tax on dividends and capital gains. If i form llc and i open company account in interactive broker how much tax is my dividend and my profit please tell me

[@ZietInvests]

Hi Sonia, regarding this, best to check with your local accountant on the tax implications for LLCs.

[@AB-uz7dz]

How is the exchange rate from MYR to USD at WISE compare with local Malaysian bank?

[@ZietInvests]

Definitely Wise wins hands down!

[@allentong2536]

Hi Ziet et al, I followed all the steps, BUT could not link my IB and WISE. After I clicked "Give Access" my screen merely had the word "Returning" on the top left, with a blank white screen. Have tried more than 20 times but to no avail. Can anyone kindly help please? Thanks in advance.

[@ZietInvests]

Hi allen, have you verified your wise account? could be because your account is still new and unfunded ya. Else try contacting their customer support or try with a new browser😄

[@AB-uz7dz]

Is it possible to transfer MYR directly to IBKR and use IBKR to exchange MYR to USD?

[@ZietInvests]

Need to go thru Wise for the MYR to USD for now.

[@skyrye7117]

why not just use Standard Chartered Smart Stocks platform? Its cheaper right?

[@ZietInvests]

Hmmm nope, their brokerage and conversion spread is 😰…. Plus limited features compared to IBKR

[@skyrye7117]

@@ZietInvests maybe you can do a cost comparison video on these 2 platform?

[@mizan9232]

So Wise to IBKR fees is cheaper than SG CIMB to IBKR fees?

[@ZietInvests]

Cimb sg way is technically cheaper by a bit, but more tedious to setup

[@Toptoseka]

Hey! I need your help I have deposit alot of money on ibplatform and I have manager but she doesn’t accept me to withdraw my money. What can I do???

[@ZietInvests]

Hi, you can check with IBKR customer support to help you with withdrawal as I can't verify or assist in such process from my end

[@fruit03082010]

Checked with PBB, we cant funding to Interactive Brokers from PBe. Thus funding from PBe to WISE account, then transfer from WISE account to Interactive Brokers account is workable ?

[@hongthaifoong1239]

What about the instructions to withdraw to Wise?

[@ZietInvests]

Should work the same but in opposite! Will do an update video on withdrawal😁

[@SaadonAksah]

Cant u send usd from wise to ibkr?

[@terrychow3193]

Hi bro ziet, first of all thanks a lot for your sharing. I learnt a lot of info about IB from your videos. Great jobs done! However i am also a bit concern with the acnes on your face. They seem pretty severe. I hope you can go and see a dermatologist and get proper treatment for it. Acne is a common skin problem that can be get controlled with few medications! See you in your next video...

[@ZietInvests]

Thank you for your concern, Terry! Am already undergoing a treatment now. So hopefully it will clear up soon!

[@nirvau69]

Looks like you can choose the currency you receive in... I don't have any options when depositing with Wise .. just GBP to GBP :( ... I wanted Euros

[@ZietInvests]

Hmm thats weird, it could be because you’re bounded by the IBKR UK rules? Try checking with customer support if they can allow your account to receive Euro?

[@jacklee6573]

hi, it is we need to deposit fund in Wise then only can link IBKR to Wise?

[@ZietInvests]

Hi, i think either way should be fine, you're just depositing to activate the account

[@jacklee6573]

@@ZietInvests thank you very much.

[@chillmusicdoggo]

Love the content! Keep up the great work Ziet!

[@ZietInvests]

Glad you enjoy it! More to come

[@donc.585]

great info and appreciate your time and effort. i think still better to keep sgd in ibkr instead of converting to USD due to upcoming plummet in dollars

[@ZietInvests]

Appreciate it, Don! And that definitely works too :)

[@foodfootage4236]

I was hoping for a comparison table of the difference in cost for this method vs the cimb sg method 😅

[@ZietInvests]

It’s something i wanted to do but i dont want to rush that out because the feature just rolled out, so i will do that in separate video 😬

[@foodfootage4236]

@@ZietInvests thanks Ziet! Not rushing you..just thinking out loud 😊

[@aftabsarwar2213]

Salam from Pakistan. I am new user intractive broker. For check the trade I buy one British pound and commission is 2 dollars for one pound buy. What was this? Pls answer thanks

[@ZietInvests]

Hey there! This is the fixed fee for currency conversion. For more info: www.interactivebrokers.com/en/pricing/commissions-spot-currencies.php And if you are setting up your account, can use my link here:www.interactivebrokers.com/mkt/?src=zietPY2&url=%2Fen%2Fwhyib%2Foverview.php%3Fnored%3Dt

[@aftabsarwar2213]

@@ZietInvests Thanks for answer.

[@SK-ng3ge]

this is so helpful, thanks Ziet!

[@ZietInvests]

Glad it was helpful!😁 Stay tuned for more!

[@ikaikaika92]

Hey thanks for the video you made. Can you make a video on how to withdraw money from ibkr into wise in a cheaper way? Thanks

[@ZietInvests]

Hey there! It's on the way hehe

[@xxxxxx-bc2sj]

Thanks but love to see comparisons with all method to fund into and withdraw from ibkr ❤

[@ZietInvests]

I hear you - it's coming soon! 😎

[@yongkis]

Good job. I learn a lot from your channel. Keep up the good work...

[@ZietInvests]

Appreciate this Sang Yong! More to come for sure!

[@cthgbs6267]

hi Ziet. Thanks for making this video. Can we do the reverse process by transferring funds from IBKR to Wise, and then from Wise to the local account in Malaysia? I am asking because if the reverse process is feasible, it could help us skip transferring funds from IBKR to my Singapore CIMB account.

[@ZietInvests]

Hey there, yep this process definitely works! I'm working on a video to cover more info on this exact method - so stay tuned!

[@davinsingh5296]

@@ZietInvests Looking forward to it - awesome job as always Ziet!

[@chunwen3821]

Thanks for the great content Ziet, i am trying this method but it kept showing me error message as ibkr wise api was converting the fund, tried both MYR and USD and they still show the same error. Do you have any ideas please? tried searing on google but nothing pops up..

[@dixonleong]

encountering the same and today this option is temporarily not available

[@dixonleong]

it's now working back, just did a transfer minutes ago

[@chunwen3821]

@@dixonleong ya mannnn thanks for prompting!

[@ZietInvests]

Thanks for the update @dixon leong!

[@jtcool08]

Can the deposit from wise to ibkr be done from ibkr mobile app?

[@ZietInvests]

Hey JT, yes you can - I see the option is available on the mobile app.

[@user-vo7ne3qh2l]

Hey Diet, thanks for all your videos, they are filled with useful information. Btw, do you know what's the maximum RM can we send to Wise from Malaysia bank account per day without declaring to BNM? Thanks bro.

[@user-vo7ne3qh2l]

Sorry Ziet, auto correct on spelling.

[@hieeih6468]

Transferring USD from Wise (converted from MYR to USD) to IBKR (initiated within IBKR) incurs an additional fee of USD1.13 each time

[@osamaalzahar9403]

Has there been a change in clouds?

[@ZietInvests]

👀

[@monglongtan5772]

Hi Ziet, can I fund my IBKR account using PayPal?

[@ZietInvests]

Hi, paypal is not accepted yeah

[@monglongtan5772]

@@ZietInvests Thanks very much

[@ZietInvests]

@@monglongtan5772 👍🏻👍🏻