Are there ways to send fiat from exchanges like Kraken directly to Interactive Brokers?

[Matade]

Are there ways to send fiat from exchanges like Kraken directly to Interactive Brokers?

 

[forward]

yeah, using the sepa transfer? what's the amount ?

 

[daniels27]

IBKR only accepts transfers from your own account. Unless the exchange has personal IBANs for sending money, it won't work,

https://www.interactivebrokers.com/en/support/fund-my-account.php

Third-Party Deposits - Interactive Brokers strongly discourages and, generally, rejects third-party deposits, which have historically been viewed by the financial services industry and its regulators as being highly susceptible to acts of fraud and money laundering. For more information, see our FAQ on the subject.

 

[PhantomOf ThePits]

Are there ways to send fiat from exchanges like Kraken directly to Interactive Brokers?

Not to ibkr.com directly, but you can send crypto to swissquote.com directly and buy stocks bonds and so on there..

Not the same as ibkr.com but also not as bad as many other brokers out there...

 

[Houdini]

It is difficult to get an account with Swissquote if you have no trading experience. They ask tons of stupid questions about trading stocks and currencies.

 

[PhantomOf ThePits]

It is difficult to get an account with Swissquote if you have no trading experience. They ask tons of stupid questions about trading stocks and currencies.

Let ChatGPT help to answer questions then - copy/paste ;-)