IBKR deposit in EUR

Investing / Funding & Currency conversions
1

I’d like to make a EUR deposit at IBKR. Unfortunately, IBKR only indicates a DE-IBAN for my deposit (not a CH-IBAN), so I fear fees will be involved with the transfer since it is an international transfer. Is that assumption correct?

3

Thanks, very much appreciated!

5

For EUR it will be a SEPA transfer which is usually free, or cheap (like 2€). If your bank lets you choose who has to pay the fees, you can choose “BEN” (not “OUR”) so IBKR will pay them without affecting your balance.

For CHF transfers to a German CHF account, it would use SWIFT which does cost up to 25 CHF.

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