View Single Post
Old 12.10.2021, 20:19
trixxiee trixxiee is offline
Junior Member
Join Date: Mar 2017
Location: Basel
Posts: 99
Groaned at 0 Times in 0 Posts
Thanked 57 Times in 31 Posts
trixxiee is considered knowledgeabletrixxiee is considered knowledgeabletrixxiee is considered knowledgeable
Re: Interactive Brokers purely for currency conversion

It's seems to be the case for amounts >50k in CHF, EUR and:

For balances held in CHF, DKK, EUR, JPY or SEK, IBKR currently applies an effective negative rate to long balances held. The negative rate applied to accounts holding these currencies is the same regardless of account size. For other currencies in which the benchmark rate plus the interest rate paid is less than zero, the interest paid is 0%.
Reply With Quote
This user would like to thank trixxiee for this useful post: