its interesting the payment from ERRES took just 24 hours at IBKR. I think there might be some backend work involved here. I would recommend to connect with IB.
Thanks everybody. Have contacted support.
IBKR has now updated their table, clarifying the limit starts from 100K.
Iām always surprised at how quickly it goes from Raiffeisen to IBKR.
Sometimes the notification emails from Raiffeisen and IBKR arrive at the same minute:
Example
Email from Raiffeisen:
Email from IBKR:
Sometimes the money even arrives at IBKR before Raiffensen sends me the confirmation:
Example
E-Mail from IBKR:
E-Mail from Raiffeisen:
I filed the order on the 25th between 11:00 and 12:00 and I requested the same day transfer.
The order was executed the same day, as per payment confirmation.
Did you make sure your account number (Uxxx) is included in the subject line?
I did that mistake a couple years back. Not only did it cause delays, but somehow the money was converted to GBP, then converted back and returned to me. Donāt remember the amount, but it was some 50 or 100 CHF lost due to big bankās exchange fees.
My standard wire is typically credited the same day. I do āpre-announceā my transfers, but Iām not sure that makes a difference these days.
Example: Transfer today, time stamp in mail 6:xx am (well itās 0:xx EST), mail received 1 pm.
A funny story about same-day transfer (āInstant Paymentā): I used this feature last year to pay my municipal taxes. The feature had only been available for less than two weeks, so it was still new. My municipality was so confused that they recorded my tax payment, the amount for the whole year, twice*. I felt guilty all week, wondering whether I should say something or just pretend I didnāt know anything. Anyway, they eventually noticed and corrected it without any comment.
Did you include your IBKR number and your first and last name in the payment message?
*Of course, it could be a coincidence, but I assumed that the municipality had made a mistake due instant payment.
Yes, they were hardcoded in the QR I scanned. They matched the string I used to enter manually.
Transfers from neon to IBKR created before noon arrive within hours for me.
Yes, the account number was in there.
No crediting so far, Iāve just sent a ticket containing the transfer reference number assigned by Postfinance. Crossing my fingersā¦
Support wrote back within hours yesterday that they will review the payment with their corporate actions team.
While I havenāt heard back from them since then, the missing amount has now appeared this morning ā no WHT deducted (as it should be).
I always transfer my money from Neon to IBKR and it is always available at the same day normally within 1-2 hours.
For me UBS to IBKR has always been next day. Mainly because UBS processes payments the next day.
If I do same day UBS before 11 AM it often only takes 1-2 hours too.
The indian gentleman from IBKR confirmed that the payment was not received on their end.
I had to start an inquiry on Postfinance. Also, my IBKR ticket was forwarded to the Cashier department for review.
I am getting a bit nervous.
Absolutely understandable. Iād be on edge as well.
I know this doesnāt help you now, but what I always do in such cases is I send a small (CHF 100 or so) payment first to see if everything works, before sending a five or six figure sum.
In other news IBKR is back to negative rates above 100kCHF deposited
Seeing -0.42% (IBKR Pro) and -1.42 (IBKR Lite) today.
Good news, my margin interest rate will be reduced as well
Do they go below 0% with their benchmark?