US-based clients can use the Automated Clearing House (ACH) network to safely and securely transfer funds to and from their IBKR account. ACH allows you to connect your IBKR account to your US-based bank account(s) and to transfer funds between them. In addition, you can link your account* to fund merchants or mobile payment providers such as PayPal and then use the providers to pay subscriptions or other recurring expenses such as a mortgage, car payment or utilities to any other entity using a bank on the network.
US clients who would like to use electronic transfers will need to first enroll in our Integrated Cash Management program via the Transfer & Pay > Integrated Cash Management menu in Account Management or Client Portal. Once enrolled, you can configure electronic transfers via the Transfer & Pay > Transfer Funds menu.
* Your IBKR account can be used to fund Paypal, and other online payment providers by linking accounts but cannot be funded by Paypal or other providers by linking accounts.