Searching the forums and this thread didn^t help. My question is whether IB allows registering shares with the company register?
Additional question:
Some shares I had with PF were registered with the company. Now those shares have been transferred to my IB account. Are they still registered with the company? I haven‘t sold my positions, still same shareholder. So I would guess they‘re still registered?
Another question: how „exact“ do I need to announce a deposit to my IB account?
Situation: i have a reasonable amount of NOK in my UBS multi currency account. Those NOK I‘d like to transfer to IB as I will close the NOK currency container of my UBS account.
UBS told me that the transfer fee (SWIFT; payment abroad costs between CHF 5-25) will be deducted in NOK. So in my understanding, if I transfer out 100% of these NOKs and announce these 100% as incoming NOKs at IB, I may have a problem as the transaction fee is deducted and now there is only 99% to arrive at IB.
Has anybody experience with this question? Obviously I want to avoid UBS fx fees.
I’m fairly sure it doesn’t have to be exact, wire fees are common (but you can ask support if you want).
You could also pay all fees upfront by making an „OUR“ transfer.
UBS is not able to tell how much the payment costs, so I wouldn‘t know what arrives at the end with IB when i chose to have all costs borne by the sender.
Should not be an issue if IB doesn‘t expect the exact amount as announced. Will know in a few days as I instructed the payment and registered 100% with IB. Can tell next week if it worked.
I was even doing transfers without it being setup in ib at all.
“OUR” transfers are explicitly designed to “price in” third-party expenses and make sure that the recipient receives the full amount.
The differences between “BEN”, “SHA” and “OUR” are explained on many banking sites, also see here at UBS in services and prices.
I assume it would cost you a few francs more though.
I’d be optimistic as well in that particular case. They can’t their customers worldwide to always make transfer bearing the costs at the sending bank. It’s what I’d have done as well. 
If you have to pay an invoice/bill in full though, it might good to know about it.
i dont knwo what you were searching but this is straight from the first result on google
“We do not currently provide individual registration of holdings, for example Registered or Namenaktion shares. Inbound transfers of registered positions will be converted to ‘street name’.” [https://www.interactivebrokers.co.uk/en/index.php?f=40930&p=transfer]
Why not transfer it with Transferwise to your CHF account, and then with SEPA to IB? Might be cheaper…
SEPA is only EUR.
But thanks anyway, if it fails for some reason, this might be an alternative. It’s roughly CHF 20k, I expect IB to be cheaper than IB.
If TrickMcDave wants to pay in (and possibly keep or invest) in NOK at IB, he will not have to do currency conversion.
If he wants to convert currency anyway, IB should clearly beat TransferWise in rates/costs of doing so.
SEPA is only EUR.
SEPA is only EUR, yes, of course. I meant, putting it in IB’s swiss bank account, which is also free.
If TrickMcDave wants to pay in (and possibly keep or invest) in NOK at IB, he will on currency conversion.
If he wants to convert currency anyway, IB should clearly beat Transfer in rates/costs of doing
Yes, I understood. But I’m not sure, depending the circumstances, if NOK->IB (Banking fees)-> FX@IB is cheaper than NOK->transferwise->CHF->(no banking fees)->FX@IB. It might be an alternative.
It’ll depend on the amount I guess, as the banking costs (hopefully) are fixed.
Just trying to point at the option, not saying it is better.
Unfortunately, Transferwise does not allow transfers to IB accounts. That would be nice.
Certainly it will be.
As I understand, the NOK are on his Swiss bank account.
Neither does TransferWise have a domestic NOK account in Switzerland, nor is there any “cheap” domestic NOK transfers in Switzerland (that I knew of). Whether he’ll transfer them to IB or TransferWise shouldn’t make much difference - it will be an international SWIFT transfer anyway.
Put differently, there’s (virtually) no way of avoiding that “expensive” international SWIFT transfer to transfer these funds out of UBS. Except for converting to CHF at UBS’s rates.
On a five figure amount though, IBKR will charge so much less for FX than TransferWise, let alone UBS, that it should be a no-brainer to exchange at IBKR (if he’s holding that IBKR account anyway).
I don’t disagree with you, I was just explaining my train of thought (before he mentioned the amount).
Left or right, if you have foreign currency that is not EUR stuck in Switzerland, you are doomed 
To add a data point for those that are interested:
-NOK Payment was executed on 13.11
-Funds were available in IB today early morning, i.e less than two banking days
-99,97% of the announced amount arrived
-Transaction costs: NOK 51.08 = CHF 5.14.
-Admittedly, payment was executed with BEN-Instruction, i.e. IB to bear the costs.
(it‘s possible that UBS charges more but this is only visible at the end of the month; will report if more fees have been charged)
Hello All,
I am receiving two strange notifications from IB during the last days:
I mean I have an account with about 7k invested in shares and ETFs and about 70-chf remaining in my portfolio for the maintenance / account / transaction fees. Thought would be fine for about 6 months by considering an average of 10-chf per month charges?
Also what about the IWM up more than 2%
Is there any action that I need to take for the aforementioned two messages or any risk to get my whole portfolio liquidated soon?
Thanks a ton in advance all for your answers,
Br
You randomly get notifications when your positions perform well or poorly, nothing to worry about.
Concerning the margin warning, do you have a margin account? Did you buy your ETFs on margin?
If not, then I guess you can disregard this warning.
What do you mean If I buy my ETFs on margin?
I mean my account should be of margin type and less than 10k…
By buying on margin I mean borrowing money to buy your ETFs (which you cannot do if your account is not of margin type).
Maybe this post can help.
Okay, so I just checked my account is of cash type.
I never intended to borrow money from IB to buy ETFs/Equities. Is this the correct account type for my profile?
I didn’t quite get how the margin requirement is being calculated from IB, but I guess that shouldn’t bother me as far as I am not borrowing money, right?