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Interactive Brokers: USD TX from HSBC One Acct

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  1. #11

    Join Date
    Aug 2020
    Posts
    28
    Quote Originally Posted by redslert:
    Open a Citibank account and transfer in/out all you like without any fees.
    Is it because IBHK uses a US Citibank so a HK Citibank to US Citibank wire transfer would be free?

  2. #12

    Join Date
    Oct 2006
    Location
    Hong Kong
    Posts
    15,559
    Quote Originally Posted by redslert:
    Open a Citibank account and transfer in/out all you like without any fees.
    Doesn't seem to work the other way round (i.e. transferring USD from IB to HK Citi USD account) because the transfer seems to be from Citicorp rather than Citibank.

    May however work Citi HK USD to IB USD (but not tried).

  3. #13

    Join Date
    Nov 2017
    Posts
    526

    Citibank have no fees.
    See page 8 to 10.

    There are no fees irrespective to whatever bank you do outward/inward transfer GLOBAL.
    Bank_Service Fee Booklet_2021-05_vN (citibank.com.hk)


  4. #14

    Join Date
    Jul 2007
    Location
    TST and Macau
    Posts
    1,490

    I had restrictions of only HKD USD and RMB from mHK to IB. Could remove that. Email them