Are there any charges for setting up an eDDA?

What is an eDDA?

eDDA stands for Electronic Direct Debit Authorization. It is a Transfer Service in Hong Kong that provides clients with a fast and convenient way to draw funds, in HKD or CNY, from their Hong Kong bank account to credit their account. Once the initial eDDA setup request has been confirmed by your bank, you can top up your account at any time by simply confirming the transfer amount…

SETUP eDDA

Use the button above to initiate an eDDA setup request from your IBKR account. Alternatively, follow these steps:…

There are several possible reasons your eDDA transfer may be rejected:

1. You have an insufficient balance in your bank account to cover your deposit instruction.
2. You exceeded your transaction transfer limit…

IBKR does not apply any charges to setup or initiate SGD deposits using the eGIRO transfer service. Please consult with your bank directly to confirm their eGIRO fee structure.

Additional Information:…