US Automated Clearing House (ACH) Transfer Initiated at IB
Electronic movement of funds through the ACH network. Initiation of an ACH transfer enables you to automatically deposit funds from a US bank to IB. You will be required to enter your bank's ABA number and your bank account number. If you do not know your bank's ABA number, you can enter the bank name and city and search for the correct ABA number. You will be required to verify each new instruction.
Time to Arrive
ACH requests received by 11:00 ET and below $25,000 will be credited to your account after four business days under normal circumstances.
ACH requests recieved after 11:00ET will be received from your bank on the next business day and will be credited to your account after four business days under normal circumstances.
ACH deposits are limited to $100,000 over seven business days. Same day ACH deposits are limited to $25,000.
Only available for US currency deposits from an account held in your name at a US bank that allows ACH deposits. Funds may be withdrawn after the four day credit hold.
If funds are withdrawn to a bank other than the originating bank via ACH, a 44-business-day withdrawal hold period will be applied.
ACH deposits require a security device which can be obtained through the Secure Login System.