SEPA withdrawal takes already 6 days

icecreme said:
Thanks for your comment. It immediately solved my problem. Sound recommendation.
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You wouldn't have had the problem in the first place if you weren't willing to gamble away all your money and end up broke ...
 
Yes, that s looong! Have u tried to use the wire withdrawal option offered by IB rep? It should be more expensive but could solve ur issue faster. Wondering what the technical issue might be, U/IB do need to sort it out or it could be the same mess next withdrawal attempt.
 
icecreme said:
I am trying to withdraw a 1000 euro from my account. Money is available. Destination bank is in SEPA area as well. (withdrawal should take 1-2 business days).
IBKR support (I don't know why it is called support) only told me withdrawal is under "compliance review". No reason why, no timeline.
I wonder how reliable IBKR really is.
Did someone else experienced delays or am I simply unlucky?
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My situation is even worse. I withdrew 6000 Euro from my IB account on 11.12.2020 through the SEPA to my German account, but still didn't receive it now for about a month! I asked IB for the reasons during this time but didn't any solid answers about it but was just told to wait for their investigation. Actually, the SEPA works fine for the last couple of times but have no idea why this time was so annoying.

By the way, what's the end story of your withdrawal, did you get your money successfully? if yes, how long have you waited?
 
Hey guys,

Could someone update the outcome of their cases? It will be useful.

I have the same issue - SEPA transfer pending (8-9 business days already) - not big amount 1.5 k euro. Copy of the response from IKBR (even with a grammar error in it): "We are currently investigation with our internal department and will get back once we have feedback".

Thanks.
 
I left IBKR in 2019 after a $55K autoliq error on a day when I had 1.5MM available cash. They went to bat for me in 2001 when OCC tried to disgorge the RAES bandit gains, but they are an utter failure in 2022.
 
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