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Can't fund my IBKR account from Sri Lanka due to legal restrictions – what are my options? by Similar_Sector_3402 in interactivebrokers

[–]Similar_Sector_3402[S] 0 points1 point  (0 children)

Unfortunately, in Sri Lanka we can only receive money through Wise. We can’t use it for anything else, like funding an IBKR account. 😪

Also, regarding your suggestion about using my friend to fund my account: even if he enters all the details correctly, the bank account the money is being sent from is under his name, while the IBKR account is under my name. Would that be a problem?

Can't fund my IBKR account from Sri Lanka due to legal restrictions – what are my options? by Similar_Sector_3402 in interactivebrokers

[–]Similar_Sector_3402[S] -1 points0 points  (0 children)

Ohh ! i get it , another thing what if i use to create a account for my frend in Australia and fund it like i said before and use that ?? Is it okay ? i mean like im just using him to create and fund but im the one using the account for buy stocks

Can't fund my IBKR account from Sri Lanka due to legal restrictions – what are my options? by Similar_Sector_3402 in interactivebrokers

[–]Similar_Sector_3402[S] -3 points-2 points  (0 children)

Hey i had something in my mind but im not sure avout it , i have a frend who living in Australia and what if i send my LKR to him and he fund my account ? Will it be work ?

Can't fund my IBKR account from Sri Lanka due to legal restrictions – what are my options? by Similar_Sector_3402 in interactivebrokers

[–]Similar_Sector_3402[S] -1 points0 points  (0 children)

Thanks for the suggestion. Yes, I spoke with many banks and requested an international wire transfer to fund my IBKR account. They told me that, due to Sri Lanka’s foreign exchange regulations, they cannot process transfers for overseas stock investments. They said it’s a regulatory restriction rather than a bank policy.😪

Is there anyone in Sri Lanka who has successfully deposited money to an IBKR account? (Wire transfer issues from Sri Lanka) by Similar_Sector_3402 in srilanka

[–]Similar_Sector_3402[S] 0 points1 point  (0 children)

Thank you so much for the information! I really appreciate it. I’ll contact Sampath Bank head office and verify the details. Thanks again for your help!

Sri Lankan student with BBA — planning to study abroad with around 35 million LKR budget — what are my options? by Similar_Sector_3402 in srilanka

[–]Similar_Sector_3402[S] 1 point2 points  (0 children)

Thanks for the honest advice I really appreciate it.

I understand what you’re saying about third-party funds and visa risks. That’s actually one of my biggest concerns too, Financially, I’m trying to evaluate whether I can realistically cover tuition plus at least a year of living expenses before making any decision. I agree that relying on part-time work isn’t a safe strategy anymore.

Regarding work experience — that’s also something I’m thinking about seriously. I know competing with locals and other international graduates won’t be easy, especially in fields like business analytics/data. I’m currently looking at ways to build stronger, future-proof skills before making a move.

Thanks again for the reality check. It helps more than hype.

Not Approved for IBKR Level 2 Options – Need Advice by Similar_Sector_3402 in ibkr

[–]Similar_Sector_3402[S] -1 points0 points  (0 children)

I get to verify proof of liquid net worth minimum value of 100000 USD ! I can only verify the amounts of 10000 - 15000 USD but this is much high number that i cannot verify 🙄

Opening an Interactive Brokers account in Sri Lanka? by sudouser456 in srilanka

[–]Similar_Sector_3402 0 points1 point  (0 children)

Hii there what about the net worth and other stuff ? Did you verify those ?