The details of the correspondent bank routing details can only be confirmed by your local bank.
Our system may automatically suggest the correspondent bank details. However, you need to confirm with your bank prior to selecting the correspondent bank prompted by the system.
You would need to tell your local bank that you are transferring a specific foreign currency in your account. For this, you need their (your bank's) correspondent or intermediary bank details. They will provide you the correspondent bank routing details which you can enter in the withdrawal request and complete the online steps.
Please Note: Correspondent bank details are only required if you are transferring foreign currency to your bank account. You would not require a correspondent bank if you are transferring for example SGD to a Singaporean bank account.
Once you have confirmed your bank's correspondent bank, please contact IBKR Client Services via message if you need further support.
More information on withdrawing funds can be found in our Users' Guide.