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  #381  
Old 10.05.2020, 10:00
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Re: Interactive brokers in Switzerland

This may be very silly question but has anyone noticed their cash balance in different currencies changing without clear/visible reason/fees. I just got some dividends and everything was showing correctly but 2 days later there was suddenly 25% less while no report shows there has been any fees or movement with this currency.

I would understand if would see the amounts in CHF so this could be explained with conversion rate changes but as the amounts show in original currency wonder what could cause this or am I just missing something.

Another cash balance thing that confuses me is that had very small amount of JPY (not worth more than 20chf) and suddenly it just disappeared from my cash balance list and again in reports there is no sign/explanation what happened to it.

Am sure there is some logical explanation or fee I just cannot see in my normal reports but would like to understand what and where to find it.
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  #382  
Old 10.05.2020, 10:08
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Re: Interactive brokers in Switzerland

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This may be very silly question but has anyone noticed their cash balance in different currencies changing without clear/visible reason/fees. I just got some dividends and everything was showing correctly but 2 days later there was suddenly 25% less while no report shows there has been any fees or movement with this currency.

I would understand if would see the amounts in CHF so this could be explained with conversion rate changes but as the amounts show in original currency wonder what could cause this or am I just missing something.

Another cash balance thing that confuses me is that had very small amount of JPY (not worth more than 20chf) and suddenly it just disappeared from my cash balance list and again in reports there is no sign/explanation what happened to it.

Am sure there is some logical explanation or fee I just cannot see in my normal reports but would like to understand what and where to find it.
You should talk to customer service. For dividend could be some tax withheld? For small cash balances they may convert them to your base currency.

Usually I don't see any changes that I can't explain.

Edit: do you check your statements on a daily basis?
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  #383  
Old 01.08.2020, 20:00
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Re: Interactive brokers in Switzerland

Is there an easy/cheap way to transfer holding from Swissquote to IB, Swissquote charge 50chf per transfer?
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  #384  
Old 02.08.2020, 11:46
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Re: Interactive brokers in Switzerland

IB has an account in CH now, transfers there should be free.
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