Yay, it went through at the end of the business day! Full amount arrived, no charges. I’ll try IBAN thing next
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Woohoo! That’s awesome news @hedgehog. Thanks for letting us know.
Now I don’t need the Swissquote account for wiring to IB. I already have 3rd pillar at LUKB, personal at PostFinance + two Polish accounts, investment at CT and now I’m pending for approval of IB account. That’s already insane.
Transfer via IBAN (CH20…) also worked as i expected and was much faster, credit same morning
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That’s fantastic news. By the way, what information you had to provide in the form to ask Citi to transfer the money to your IB account?
I posted above the form for the transfer through postal account - just the final recipient IBAN is needed. For transfer through CH IBAN nothing besides your IB account and name in the message, just substitute GB35 IBAN
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Hey,
would any of you (who seem to be well in the matter) make a new thread that summarizes all the relevant information from this thread? for all those ppl that will arrive at this forum in future 
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tldr summary is use this IBAN: CH20 8909 5000 0105 6967 4 instead of GB35 CITI 1850 0810 5696 74 when transferring CHF to IB, it’ll go through swiss interbank clearing instead of SWIFT and is free of charge with any swiss bank as a domestic transfer
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Hi @nugget! I haven’t tested that method yet - still waiting for the IB account. I think though it’s perfect material for a @_MP 's blog post, but he seems to not be a user of his own forum. 
Despite the fact my original idea wasn’t too good, we’ve got a much better one So there’s nothing like bad idea, just something that ignites a better one
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Short message about my participation to the forum: I created it to let you (the readers) space to talk between each others, as I already occupy all the space on the blog 
Less philosophically, I started to read/reply to every thread when launching it but couldn’t keep up with the huge amount of discussions that happen here. So I made the choice to not participate actively, in order to keep up the pace with blogposts’ writing. Obviously I read the forum a lot to leverage all the smart infos shared here, as well as to get topic ideas
Cheers,
MP, who gets back into silence-mode 
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Glad to hear (or actually read) that. Looking forward to your new blog posts. 
By the way, It would be nice to also have an opportunity to meet you on Swiss FI Meetup - either in Zurich or in Yverdon-les-Bains. Let us know if you’re planning anything.
Good to know, I’ll try this with my next transfer ! Thanks @hedgehog for discovering this trick ! I’d appoint you “mustachian of the month” ! 
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I can confirm that my CHF 1000 that I transferred yesterday evening using @hedgehog’s method, arrived safely to IB today afternoon. Once again - huge thanks @hedgehog! I owe you a beer!
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I strongly suggest to delete your username from this post.
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Thanks @lexandro, I have to be more careful!
Here’s the original post:
Hello,
There’s one more thing. I sent a message to IB to ask them about the transfer that I made using the @hedgehog method, and they responded:
A CHF 1000.00 Wire deposit for IB account U123456 was received on 2017-05-31 and will be available for trading on 2017-05-31.
Please create a deposit notice for each transfer to our IB account as this is needed to properly credit the funds upon receipt.
Do you know how to create “deposit notice” in IB?
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not a big issue, but we must protect our 'stash
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Fund transfers - deposit, in account management
You need to do it before every transfer, and bank account varies by currency
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Good to know. I haven’t done that for my last transfer but they still managed to credit my account. For next time I have to remember about it.
Thank you @hedgehog for the tip about transfering money to IB. I did it and it worked just fine. On the phone, the IB person told me that there is no way to use an account based in Switzerland… ahahaha.
Does anyone know how the less expensive way to transfer USD from my swiss bank account to my IB account?
Great forum by the way, thank you to all for sharing highly useful information.
Jean-Louis
Interesting, I just found this thread having been looking for ways to avoid charges on every transfer to IB, and now when testing it, I noticed that the new instructions on IB now mention the swiss IBAN:
Not sure if this is because I’m using the Beta Account Management page, but I’m glad that they started giving out information that will save their clients money on useless intermediaries.
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