Go Back   English Forum Switzerland > Help & tips > Finance/banking/taxation
Reply
 
Thread Tools Display Modes
  #81  
Old 24.01.2018, 18:51
meister's Avatar
Member
 
Join Date: Dec 2009
Location: Basel
Posts: 249
Groaned at 32 Times in 18 Posts
Thanked 156 Times in 73 Posts
meister has slipped a little
Re: Interactive Brokers account

They show you the screen similar to the one posted with the CH IBAN on previous reply when you complete the funding form.

I've spoken to IB again today and they confirmed that you will need to click on the bottom right "New AM" also known a beta version highlighted in green and then complete the funding form for the CH IBAN.

In UBS, you then make a "Domestic Transfer" by putting in the CH IBAN and on the bank details just put in the SWIFT/BIC CITIGB2LXXX and it will automatically apply a Swiss clearing number under the search function. You may also get a separate notice and about debiting and crediting in GBP or CHF, but select CHF and you're done.
Reply With Quote
  #82  
Old 24.01.2018, 18:53
meister's Avatar
Member
 
Join Date: Dec 2009
Location: Basel
Posts: 249
Groaned at 32 Times in 18 Posts
Thanked 156 Times in 73 Posts
meister has slipped a little
Re: Interactive Brokers account

Quote:
View Post
https://www.roche.com/investors/faq_...tm?tab_id=tab0

Kind of equity / Abbreviation / Ticker
Roche non-voting equity securities/ NES = in German “Genussschein” / SIX:ROG
Roche bearer shares / RBS = in German “Inhaberaktie” / SIX:RO
American Depositary Receipt / ADR /OTCQX:RHHBY

Do non-voting equity securities confer the same rights as bearer shares?

Roche Holding Ltd places no restrictions on ownership of its shares and non-voting equity securities. Each non-voting equity security confers the same rights as one share to participate in available earnings and any liquidation proceeds remaining after repayment of the nominal value of the shares and the participation certificate capital.
Thanks Village Idiot,

I think I'll stick with the SIX:RO although they are both the same thing.
Reply With Quote
  #83  
Old 24.01.2018, 19:24
Meadow's Avatar
Member
 
Join Date: Jul 2016
Location: Zurich
Posts: 245
Groaned at 6 Times in 5 Posts
Thanked 77 Times in 53 Posts
Meadow has no particular reputation at present
Re: Interactive Brokers account

Quote:
View Post
Do they give you an email with the CH IBAN? or they tell you at the time when you create the account?
Seriously, where do these questions come from? Maybe first create an IB account and then you will see for yourself. You just go to Transfer Funds, then pick Deposit, then pick CHF, and it shows you the IBAN on the website.
Reply With Quote
This user would like to thank Meadow for this useful post:
  #84  
Old 07.02.2018, 16:16
Member
 
Join Date: Apr 2012
Location: Lausanne
Posts: 187
Groaned at 2 Times in 2 Posts
Thanked 46 Times in 31 Posts
stamplover has earned some respectstamplover has earned some respect
Re: Interactive Brokers account

Dear all

am wondering if anyone has used Interactive Broker to convert currency (heard they offer the best rate compared to Transferwise etc.)?

Would be grateful if you can share the step-by-step to do so (using FXCONV function to create an Order as I read) if you dont mind. I am looking to convert CHF to SGD.

Thanks all....really a bit overwhelmed with IB...
Reply With Quote
  #85  
Old 07.02.2018, 16:23
Member
 
Join Date: Jul 2016
Location: GR
Posts: 148
Groaned at 8 Times in 6 Posts
Thanked 44 Times in 41 Posts
wantone has no particular reputation at present
Re: Interactive Brokers account

Quote:
View Post
Dear all

am wondering if anyone has used Interactive Broker to convert currency (heard they offer the best rate compared to Transferwise etc.)?

Would be grateful if you can share the step-by-step to do so (using FXCONV function to create an Order as I read) if you dont mind. I am looking to convert CHF to SGD.

Thanks all....really a bit overwhelmed with IB...
Have you got an account? Usually you can check their help file or chat with customer service.
Reply With Quote
  #86  
Old 07.02.2018, 18:47
martin959's Avatar
Forum Veteran
 
Join Date: Oct 2009
Location: Basel
Posts: 830
Groaned at 13 Times in 9 Posts
Thanked 339 Times in 202 Posts
martin959 is considered knowledgeablemartin959 is considered knowledgeablemartin959 is considered knowledgeable
Re: Interactive Brokers account

Quote:
View Post
Have you got an account? Usually you can check their help file or chat with customer service.
Or maybe there is also a YouTube video on how to do it


Maybe this one:

Reply With Quote
  #87  
Old 15.02.2018, 11:24
Senior Member
 
Join Date: Nov 2009
Location: Zurich
Posts: 262
Groaned at 4 Times in 4 Posts
Thanked 84 Times in 52 Posts
HappyCreature has earned some respectHappyCreature has earned some respect
Re: Interactive Brokers account

Hi,
I have been investing using the interactive brokers account since last year. Does anyone know what kind of statement i should generate from interactive brokers account management to use for filing my Swiss taxes? I know we have to declare the ending holdings as of 31.12.2017 as well as dividends made in 2017 but cannot find the right statement that fulfills this needs.

anyone using interactive brokers account and filing taxes here, can you please advise?

cheers
happycreature
Reply With Quote
  #88  
Old 15.02.2018, 12:21
Forum Veteran
 
Join Date: Feb 2008
Location: Zurich
Posts: 891
Groaned at 6 Times in 6 Posts
Thanked 251 Times in 196 Posts
bill_door has earned the respect of manybill_door has earned the respect of manybill_door has earned the respect of many
Re: Interactive Brokers account

[FONT=arial]
Quote:
HappyCreature;2910675]Hi,
I know we have to declare the ending holdings as of 31.12.2017 as well as dividends made in 2017 but cannot find the right statement that fulfills this needs.

anyone using interactive brokers account and filing taxes here, can you please advise?

cheers
happycreature
Account Management Home> Reports> Statements: Then
Default Statements
Activity
Annual
2017
HTML/Web or
PDF (as you wish, for printing PDF is easier)

Run Statement!

Output contains all the info you need.

Last edited by bill_door; 15.02.2018 at 12:22. Reason: formatting
Reply With Quote
The following 2 users would like to thank bill_door for this useful post:
  #89  
Old 15.02.2018, 12:28
martin959's Avatar
Forum Veteran
 
Join Date: Oct 2009
Location: Basel
Posts: 830
Groaned at 13 Times in 9 Posts
Thanked 339 Times in 202 Posts
martin959 is considered knowledgeablemartin959 is considered knowledgeablemartin959 is considered knowledgeable
Re: Interactive Brokers account

Quote:
View Post
Hi,
I have been investing using the interactive brokers account since last year. Does anyone know what kind of statement i should generate from interactive brokers account management to use for filing my Swiss taxes? I know we have to declare the ending holdings as of 31.12.2017 as well as dividends made in 2017 but cannot find the right statement that fulfills this needs.

anyone using interactive brokers account and filing taxes here, can you please advise?

cheers
happycreature
I believe they should send you at the end of the year a document, and you should use this document to fill the tax declaration...
Reply With Quote
  #90  
Old 16.02.2018, 10:38
Senior Member
 
Join Date: Mar 2014
Location: Neuchatel
Posts: 378
Groaned at 0 Times in 0 Posts
Thanked 128 Times in 83 Posts
Enohzee has no particular reputation at present
Re: Interactive Brokers account

Hey IB users,


I'm thinking of opening up an account. I have some funds in a UK account in GBP and some here in CHF.


Is it possible to fund the IB account using both currencies? In this case, do the currencies remain as-deposited (i.e. - I will have a GBP amount and a CHF amount in my IB account)?


Thanks a lot for any input!
Reply With Quote
  #91  
Old 16.02.2018, 10:56
Member
 
Join Date: Jul 2016
Location: GR
Posts: 148
Groaned at 8 Times in 6 Posts
Thanked 44 Times in 41 Posts
wantone has no particular reputation at present
Re: Interactive Brokers account

Quote:
View Post
Hey IB users,


I'm thinking of opening up an account. I have some funds in a UK account in GBP and some here in CHF.


Is it possible to fund the IB account using both currencies? In this case, do the currencies remain as-deposited (i.e. - I will have a GBP amount and a CHF amount in my IB account)?


Thanks a lot for any input!
Yes, it is possible to deposit both currencies. Then you will have an amount of GBP and one of CHF in your account.

Depending on what securities you want to buy it could be better to convert to USD or EUR though.
Reply With Quote
This user would like to thank wantone for this useful post:
  #92  
Old 16.02.2018, 11:41
Senior Member
 
Join Date: Mar 2014
Location: Neuchatel
Posts: 378
Groaned at 0 Times in 0 Posts
Thanked 128 Times in 83 Posts
Enohzee has no particular reputation at present
Re: Interactive Brokers account

Quote:
View Post
Yes, it is possible to deposit both currencies. Then you will have an amount of GBP and one of CHF in your account.

Depending on what securities you want to buy it could be better to convert to USD or EUR though.
Sounds great!


Thanks for the reply
Reply With Quote
Reply




Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)
 
Thread Tools
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are Off


Similar Threads
Thread Thread Starter Forum Replies Last Post
Interactive brokers in Switzerland ipsiety Finance/banking/taxation 298 21.02.2018 16:40
Interactive brokers withholding tax belgian beer lover Finance/banking/taxation 45 18.02.2018 11:22
FBAR / FATCA - Interactive Brokers? Village Idiot Finance/banking/taxation 7 23.06.2015 16:55
CIM Banque (Interactive Brokers) - anyone? Leo+ Finance/banking/taxation 2 28.05.2013 06:19
Interactive Brokers - Opening an Account/Transfering Funds/Dividend Taxes Metallising Finance/banking/taxation 11 11.07.2011 03:41


All times are GMT +2. The time now is 16:33.


Powered by vBulletin® Version 3.8.4
Copyright ©2000 - 2018, Jelsoft Enterprises Ltd.
LinkBacks Enabled by vBSEO 3.1.0