# USD from Yuh to IB

**URL:** https://forum.mustachianpost.com/t/usd-from-yuh-to-ib/10282
**Category:** Investing / Funding & Currency conversions
**Created:** [May 9, 2023, 7:07pm UTC](https://forum.mustachianpost.com/t/usd-from-yuh-to-ib/10282 "2023-05-09T19:07:21Z")
**Posts on this page:** 14
**Page:** 1

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### Author: ![simsalabim](https://forum.mustachianpost.com/letter_avatar_proxy/v4/letter/s/85e7bf/32.png) [@simsalabim](https://forum.mustachianpost.com/u/simsalabim)
#### Post date: [May 9, 2023, 7:07pm UTC](https://forum.mustachianpost.com/t/usd-from-yuh-to-ib/10282/1 "2023-05-09T19:07:22Z")

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Hi everyone

I plan to sell my ETF‘s and Stocks at Yuh (~20k USD) and invest them in VT at Interactive Brokers. I already have an IB account with ~20k USD invested, done by transfering CHF to IB and then converted to USD.  
I now realized that transferring USD with the swiss IBAN of IB is not possible.

Options:

- Convert the USD to CHF at 0.95% and transfer the CHF for to IB for free
- Transfer the USD to IB in the USA (Interactive Brokers LLC, One Pickwick Plaza, …) with potentially even higher fees?
- Any other ideas?

What would be the best way to transfer 20k USD from Yuh to IB?

Thanks a lot for your help!

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### Author: ![nabalzbhf](https://forum.mustachianpost.com/user_avatar/forum.mustachianpost.com/nabalzbhf/32/3277_2.png) [@nabalzbhf](https://forum.mustachianpost.com/u/nabalzbhf)
#### Post date: [May 9, 2023, 7:36pm UTC](https://forum.mustachianpost.com/t/usd-from-yuh-to-ib/10282/2 "2023-05-09T19:36:58Z")

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> [@simsalabim](#):
>
> - Transfer the USD to IB in the USA (Interactive Brokers LLC, One Pickwick Plaza, …) with potentially even higher fees?

I doubt you’ll pay more than 20-30 USD. So that’s way better than the other option.

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### Author: ![dbu](https://forum.mustachianpost.com/user_avatar/forum.mustachianpost.com/dbu/32/1552_2.png) [@dbu](https://forum.mustachianpost.com/u/dbu)
#### Post date: [May 9, 2023, 7:43pm UTC](https://forum.mustachianpost.com/t/usd-from-yuh-to-ib/10282/3 "2023-05-09T19:43:00Z")

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Transfer the shares themselves to IB instead of converting to cash?  
How much do they charge per position?

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### Author: ![simsalabim](https://forum.mustachianpost.com/letter_avatar_proxy/v4/letter/s/85e7bf/32.png) [@simsalabim](https://forum.mustachianpost.com/u/simsalabim)
#### Post date: [May 9, 2023, 8:38pm UTC](https://forum.mustachianpost.com/t/usd-from-yuh-to-ib/10282/4 "2023-05-09T20:38:53Z")

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Just realized, Yuh only accepts SEPA countries for international transactions. Means, I first would need to transfer the USD with swiss IBAN to another account (f.e. Swissquote, Raiffeisen)…

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### Author: ![simsalabim](https://forum.mustachianpost.com/letter_avatar_proxy/v4/letter/s/85e7bf/32.png) [@simsalabim](https://forum.mustachianpost.com/u/simsalabim)
#### Post date: [May 9, 2023, 8:40pm UTC](https://forum.mustachianpost.com/t/usd-from-yuh-to-ib/10282/5 "2023-05-09T20:40:13Z")

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According to their terms that‘s unfortunately not possible, as they only have fractional shares.

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### Author: ![covfefe](https://forum.mustachianpost.com/letter_avatar_proxy/v4/letter/c/ee7513/32.png) [@covfefe](https://forum.mustachianpost.com/u/covfefe)
#### Post date: [May 9, 2023, 8:55pm UTC](https://forum.mustachianpost.com/t/usd-from-yuh-to-ib/10282/6 "2023-05-09T20:55:09Z")

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> [@simsalabim](#):
>
> Means, I first would need to transfer the USD with swiss IBAN to another account (f.e. Swissquote, Raiffeisen)…

Or PostFinance. If you have a ‘smart’ package that costs 5 CHF per month, you can get a IBAN for USD for no additional cost.

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### Author: ![Dr.PI](https://forum.mustachianpost.com/user_avatar/forum.mustachianpost.com/dr.pi/32/5299_2.png) [@Dr.PI](https://forum.mustachianpost.com/u/Dr.PI)
#### Post date: [May 9, 2023, 9:09pm UTC](https://forum.mustachianpost.com/t/usd-from-yuh-to-ib/10282/7 "2023-05-09T21:09:53Z")

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> [@simsalabim](#):
>
> Means, I first would need to transfer the USD with swiss IBAN to another account (f.e. Swissquote, Raiffeisen)…

Or to a (very trustworthy) friend with a usd account…

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### Author: ![San\_Francisco](https://forum.mustachianpost.com/letter_avatar_proxy/v4/letter/s/ea5d25/32.png) [@San\_Francisco](https://forum.mustachianpost.com/u/San_Francisco)
#### Post date: [May 9, 2023, 9:36pm UTC](https://forum.mustachianpost.com/t/usd-from-yuh-to-ib/10282/8 "2023-05-09T21:36:13Z")

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> [@simsalabim](#):
>
> I now realized that transferring USD with the swiss IBAN of IB is not possible.

I could imagine it’s possible - with Citibank converting at their rate.

> [@simsalabim](#):
>
> Transfer the USD to IB in the USA (Interactive Brokers LLC, One Pickwick Plaza, …) with potentially even higher fees?

Does Yuh support bank transfers to non-IBAN countries? 🤡

EDIT: whoops, you beat me to it and found out yourself.

> [@simsalabim](#):
>
> What would be the best way to transfer 20k USD from Yuh to IB?

Best or cheapest?

What about Revolut? They provide an IBAN for their USD account.

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### Author: ![epicboy93](https://forum.mustachianpost.com/user_avatar/forum.mustachianpost.com/epicboy93/32/10491_2.png) [@epicboy93](https://forum.mustachianpost.com/u/epicboy93)
#### Post date: [May 10, 2023, 11:47am UTC](https://forum.mustachianpost.com/t/usd-from-yuh-to-ib/10282/9 "2023-05-10T11:47:22Z")

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Can you send USD from Revolut to IB ?

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### Author: ![Jaime](https://forum.mustachianpost.com/letter_avatar_proxy/v4/letter/j/4bbf92/32.png) [@Jaime](https://forum.mustachianpost.com/u/Jaime)
#### Post date: [May 10, 2023, 8:10pm UTC](https://forum.mustachianpost.com/t/usd-from-yuh-to-ib/10282/10 "2023-05-10T20:10:25Z")

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btw, anyone knows how much would the cost be to send USD from post fiannce to IB?

Thank you!

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### Author: ![covfefe](https://forum.mustachianpost.com/letter_avatar_proxy/v4/letter/c/ee7513/32.png) [@covfefe](https://forum.mustachianpost.com/u/covfefe)
#### Post date: [May 10, 2023, 9:38pm UTC](https://forum.mustachianpost.com/t/usd-from-yuh-to-ib/10282/11 "2023-05-10T21:38:33Z")

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Haven’t tried yet but 12 CHF is what I See mentioned in this Forum  
[Transferring USD to IB - #3 by ChickenFat](https://forum.mustachianpost.com/t/transferring-usd-to-ib/1741/3)?

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### Author: ![Attila](https://forum.mustachianpost.com/letter_avatar_proxy/v4/letter/a/b9bd4f/32.png) [@Attila](https://forum.mustachianpost.com/u/Attila)
#### Post date: [October 4, 2023, 9:18pm UTC](https://forum.mustachianpost.com/t/usd-from-yuh-to-ib/10282/12 "2023-10-04T21:18:44Z")

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Wise is integrated to IBKR, so you could:

- send the USD to Wise, which is a UK IBAN. you will get charged 4.90 CHF from yuh and 3.52 USD from Wise
- then select the transfer from Wise option from IBKR (not sure about how much the charges are for a plain USD transfer without FX)

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<div class="post-metadata">

### Author: ![Attila](https://forum.mustachianpost.com/letter_avatar_proxy/v4/letter/a/b9bd4f/32.png) [@Attila](https://forum.mustachianpost.com/u/Attila)
#### Post date: [October 17, 2023, 10:20am UTC](https://forum.mustachianpost.com/t/usd-from-yuh-to-ib/10282/13 "2023-10-17T10:20:08Z")

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I tried this approach (Yuh → Wise → Interactive Brokers) today so I can give the total fee summary.

- send USD to Wise’s UK IBAN. Yuh charged 4 CHF (4.44 USD), Wise charges 3.52 USD, the amount arrived at Wise is 25 USD less than what was sent
- then select the transfer from Wise option from IBKR, Wise charges 0.39 USD for this funding

Sum: **32.91** to fund USD a balance at IBKR from a Yuh USD account, no FX conversion needed.

[IBKR Interactive Brokers (swisskash.blogspot.com)](https://swisskash.blogspot.com/2023/10/ibkr-interactive-brokers.html)

It would be better if Yuh could allow a direct (Swift ?) transfer to IBKR. I requested that feature but I don’t know if this will come.

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### Author: ![Double\_A](https://forum.mustachianpost.com/letter_avatar_proxy/v4/letter/d/e95f7d/32.png) [@Double\_A](https://forum.mustachianpost.com/u/Double_A)
#### Post date: [October 18, 2023, 12:57pm UTC](https://forum.mustachianpost.com/t/usd-from-yuh-to-ib/10282/14 "2023-10-18T12:57:51Z")

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Probably depends on how much. For bigger amounts (\> 10’000) it will probably be around 20-30 CHF in Swift fees.
