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Old 12.10.2021, 20:19
trixxiee trixxiee is offline
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Re: Interactive Brokers purely for currency conversion

https://www.interactivebrokers.com/en/index.php?f=46385

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

Quote:
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%.
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