This is the policy of one US broker: " Wires can only be sent to the same country of the customer's residence. (For example, if you live in France, your wire can only be sent a bank located in France)" Any broker in the US that has more flexible rules ? Thanks for any tips
This is the policy of one US broker: " Wires can only be sent to the same country of the customer's residence. (For example, if you live in France, your wire can only be sent a bank located in France)" Any broker in the US that has more flexible rules ? Tips please
I would guess that rule is part of the Anti-Money Laundering Laws put in place after 9/11. If it is part of that then no U.S. Broker can do what you are asking.
I wire money to my IB account consistently and never had a problem. I live in Canada and send the wire to IB's New York bank. I am sure the broker you are speaking of is just overly paranoid. If you send many large wires eventually your bank may want to speak to you, but other than that there should be no problems.
I believe the poster is talking about having IB send a wire to him. You are talking about sending a wire to IB.