Hi as it's not very easy to put print-screen photos on EF, here is my post on the Swiss FIRE forum. would be great if anyone had any experience in such situation. Details:
To sum up my situation: the app Yuh only allows wire transfer if the the receipient provides an IBAN, while Canada doesn't use IBAN. And Yuh support told me that they can't send CAD to Canada...and all my other options involves at least 1% fee, it's to transfer about 70k so I wish to save this 700 CAD
And it seems the only way to fund IBKR account in CAD is wire transfer(as I don't live in Canada) would be much easier if we could fund it with a debit card or Paypal.
Canadian banks do not have IBAN (International Bank Account Number) numbers. If asked for the RBC IBAN number it is simply our Bank Number (003) followed by your account number and your branch's transit number. Please be aware that the IBAN is different than the SWIFT BIC which is used for incoming wires. For RBC, the BIC code is ROYCCAT2.
You can find what you need for RBC's IBAN on the bottom of your personalized cheques or in Online Banking.