Why most US brokerage charge 50$ for every wire out? I pay just 10$ to send my fund from overseas to US brokerage account and it gets there within 3 days only. Imagine paying 200$ for a monthe if doing weekly withdrawals. follwing link hasn't mentioned anything for international wire transactions: http://www.timberhill.ch/public.de/html/help/faqs/fees.html I used to have account with XoomTrade that charge 40$ for transfer to my bank, and extra 25$ from the Computer clearing account to direx venture LLC. Paying Total of 65$ for each transfer. Are they doing a fair job charging me extra 25$ from the Computer clearing account to direx venture LLC, I guess this has to be part of their internal expenses that charged to my account? Any feedback will be appericiated. Thanks
i think its like 10-15 USD ...well..i know i paid that to stick some money into my ib account so im fairly sure ital the same fee taking it out (from australia)
My bank charg for outgoing wire, but doesn't charge for incoming wires. well, i am very surprised to see IB do it for free internationaly because cost of wiring for local and overseas differs a lot anyway if so ,sounds another good reason to be having acccount with IB
Because your bank charges for outgoing wires, does not mean nesseccerily IB have to charg for Outgoing, but again i'm not saying that IB does it free of charge for sure anyway thanks for response, but need to confirm it with IB staff (I had to creat this thread for those foreign traders with the same question)