USD from Yuh to IBKR

[Omainec]

I have a few thousand USD in my Yuh account and would like to transfer it to my IBKR account. Now, Yuh asks me for the IBAN, but IBKR only gives a SWIFT for USD-transfers. Any idea how to proceed? How do you guys manage to transfer USD directly to IBKR?

 

[Baptiste Wicht]

I don't know if it's doable from Yuh.

The only time I transfer USD to IB is through a US account where I get shares from my company, so it's a US to US transfer.

 

[Michael]

I have a few thousand USD in my Yuh account and would like to transfer it to my IBKR account. Now, Yuh asks me for the IBAN, but IBKR only gives a SWIFT for USD-transfers. Any idea how to proceed? How do you guys manage to transfer USD directly to IBKR?

Depends on the amount, but last time I had ~500 USD I figured it was cheaper to give up some USD for Yuh's unfavorable exchange rate, as this was still less money or trouble than what would have been needed to send to another account. With higher amounts that will change of course.

 

[Omainec]

Ah ok... Hm yes it's a chunk ... I will ask Yuh customer service and keep you updated

 

[gaijin]

Last year, I transferred USD 11'600 from Swissquote to IBKR. Swissquote took USD 10 in fees. USD 11'575 was credited to my IBKR account. So I paid a total of USD 35 in fees. Not sure if I had been better of transfering the amount back and forth USD-CHF-USD.