Does the value date of that distribution at least match the payment date?
(if not, you should have reason to complain)
Oh, I think you would need the individual IBKR payment report?
I have never actually looked at or seen one for IBKR, but even SQ does make those payment reports available (which then include the value date for the respective payment).
Edit: I fiddled around a bit with custom reports but couldnāt generate one that includes what I know as the value date. I still presume that what IBKR calls the pay date is the value date and that if a payment arrives late it is backdated accounting wise in your cash account.
Has anybody experienced delays when moving funds from your bank to IBKR?
Last Friday I initiated a same day transfer from Postfinance to IBKR, but as of today nothing has been credited.
It was the first time I used the swiss QR to file the transfer, but I double checked and all details are OK.
As good measure, I added a PDF of the payment confirmation to the transfer status page.
How long do I have to wait before panicking ? Usually, the average transfer time for local payments is 1 business day.
Interesting enough, an internal wise transfer takes 2 days while a normal wire (even from wise) is usually there the same or the next day. I suppose tonight or tomorrow the money will be available. At what time did you initiate the transfer?
So I think thereās still some money missing from the latest dividend payment, unless Iām misunderstanding something.
The situation:
- CHDVD had a payout on July 17, according to the iShares website, of CHF 0.74.
- According to ICTax, these CHF 0.74 consisted of
- CHF 0.26 taxable dividends,
- CHF 0.48 income-tax-free capital gains
- At some point last week, 65% of the CHF 0.26 taxable dividends appeared in my IBKR cash account, but the other part is still missing.
- According to āChange in Dividend Accrualsā section in the IBKR activity statement, both parts are listed twice, with the code āPoā and āReā each, with a total sum of CHF 0, and it has been this way for about a week now.
- āPoā means posted, so credited to the account
- āReā means reversal, which happenes either when the dividends are paid out in cash or if they made a mistake. So not helpful in finding out which of the two it was.
Is this normal? Does it take a bit longer, because itās capital gains without 35% WHT? Or would you write support by now?
After over 10 days, Iād probably just contact support.
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.
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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.
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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.
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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).
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I always transfer my money from Neon to IBKR and it is always available at the same day normally within 1-2 hours.
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