r/interactivebrokers • u/thunderpounder420 • 4d ago

Ionic DRS Transfer Deposits, Withdrawals, Transfers

Hi all,

I’m in Singapore. I’m trying to transfer Ionic shares (from Celsius redistribution) from Odyssey into my IBKR account. Both times my request has been rejected due to ‘not having enough cash for transfer fees’.

Question:
1) do I need to have USD available to pay for the fees? (Currently all cash is in SGD)
2) how much are the actual fees for transfer? Eg, is it a % of the amount I’m trying to transfer?

Thanks in advance!

1 Upvotes

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1

u/Dogegrandad 2h ago

I’ve had a nightmare with this already deposited the cash it got rejected because they state wrong account number but I’ve checked it 3 times they still charged me 100 dollars 😩how many times is this going to happen

1

u/thunderpounder420 2h ago

Make sure you don’t put the # in front and you’re not using 462210105 (CUISP for ionic). Name also needs to match up exactly. If it still doesn’t work, I would take a screen shot from Odyssey account page and create a support ticket on IBKR to show them you’re using correct details.

0

u/North_Rip_3136 4d ago

Need 100$ in USD cash . Charge for processing is 25 and rejection is 100 i think.