Hi Guys
I am very confused for this inconsistency: I have always transferred funds from UBS to IBKR(at least 20 times in the last 2 years) and normally it arrives on early morning. I scheduled yesterday a transfer of a fund to UBS value date this morning, the money is already debited on UBS but still hasn’t arrived at IBKR, what shall I do? the only difference is in the past it’s bigger amount say several thousand or tens of thousands and today it’s a small amount like 327.13 CHF.
Thanks
Did you send a deposit notification to IBKR for the (smaller) amount?
of course. as usual---------20
Today is a holiday in Kanton Zürich.
thanks. just received the fund---------20
Neither a holiday by law - nor a cantonal one, AFAIK.
Did the money arrive ? Got the same problem for my part
Since UBS took over CS I am having trouble transfering funds to my IBKR account.
90 % of my transfers get rejected (sent back to my private bank account) by UBS because of “insufficitent information about recipient of the money” (ungenügende begünstigtenangaben). However, now and then a transfer works ok. Even if I copy the successfull transfer and try with the exact same information it gets rejected when I try for the second time.
Does anyone else also have this problem? Is there a solution?
Which information do you provide in your banking instructions to transfer funds to IBKR? How/where (which field of the form) do you provide your IBKR account number? Which adress do you provide in the baniking instrucktion? You home adress or UBS adress? Or IBKR adress?
I"m not with UBS or CS, but just a question: Do you fill out your name and IBKR account number in the right remarks field? Usually there is a remaks field for information for the recipient, but also a field for your own remarks. The later are not sent with the payment.
I send my account number in the recipient field (but I also tried in the remarks field and it worked one time :))…
I don’t have this issue
You need to provide the following in field „message for payee“
UXxxxxx/first name last name
For example
U1223456/John Doe
Just make sure the transfer instructions are same as what is mentioned on IBKR instructions. Sometimes the bank account IBAN is different for different people
Never had an issue with UBS. Follow the process as described by Abs_max (and is what IBKR tell you to do).
Also never has a problem with UBS. Maybe check if you have the right Iban of IBKR? They have different ones and a while back I got a new one. It starts with 64 and it‘s also a UBS account. Transfers happen in a few minutes on the same day, if done before 12am.
…as in the reference field for the recipient?
Your not sending your IBKR account number as the recipient’s bank account number, are you?
No need for a SWIFT code when transferring from my Swiss account to their CH IBAN.
Note that the beneficiary for the bank transfer is not you - it’s IBKR.
The recipient‘s address, that is IBKR‘s, of course.
UBS know their own address and they also know yours already.
I am having similar issues and it has been 4 working days and I still did not receive them in the IBKR account.
Anyone with similar issues? UBS to IBKR in CHF
Nope, money arrives even the same day (if I launch it in the morning).
Arrived in a few hours this week, Migrosbank to IB.
also UBS?
I have no experience with UBS. But I have moved money from Raiffeisen to IBKR in the last two months. The first transfer in December went through in an hour. The transfer in January also went through in an hour. The transfer in February took 1-2 days. The difference was that the transfer in February was (for me) much larger and only arrived in the Raiffeisen account on the same day. The best I can imagine is that there was a manual check or that the money was not yet settled in the Raiffeisen account and so the outgoing transfer was delayed. But that’s just speculation. I don’t know enough about it. Did you enter the payment reference correctly?