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Trading in US shares from Australia - can I withdraw sale proceeds directly in US$ to my US$ bank account?
in New Client Trading Questions
Posted
I am trading in US shares only and would like to withdraw the US$ held from a recent sale direct to a Wise US$ bank account. Is it possible and if so, how do I set up a non-Au$ bank account? My original investment was made from a AU$ local bank account in Au$, and to date I have only been withdrawing back to that original account in Au$. I want to avoid converting my sale proceeds from US$ using the IG platform, then using Wise to convert back into US$, which seems wasteful and inefficient.