You are here: Funding > Fund Transfers > Withdrawing Funds

Withdrawing Funds

The Fund Transfers page lets you request a withdrawal of funds from your account or an internal fund transfer to another IB account. We support the following kinds of withdrawal requests:

For important information about ACH Initiated at IB and Canadian EFT withdrawals, see ACH Initiated at IB and Canadian EFT Transactions.

The following rules apply to withdrawals:

To request a cash withdrawal from your account

  1. Click Funding > Fund Transfers.
  2. If you have a master account, use the Account Selector to search for client or sub accounts by Account ID, Account Title or Account Alias, then select the desired client or sub account.
  3. In the Transaction Type list, select Withdraw.

  1. Select your currency from the Currency list.

  1. In the Method list, select a withdrawal type.

  1. Type the amount of your withdrawal in the Amount field. Note that you do not enter an amount when you first set up an ACH Initiated At IB or Canadian EFT deposit.

  1. If you have previously saved any bank information as bank instructions, you are asked if you want to use one.

Select one of the following:

The following image shows a Wire withdrawal using a saved bank instruction.

If you select No, complete all the fields that appear, which vary depending on the withdrawal method you selected.

If you select Wire as the withdrawal method, you are prompted to select a Wire Type:

Then you are prompted to select your bank's country:

  1. If you do not know your bank's routing number, click the Search button next to the routing number field.

Then enter information about your bank in the popup window and click Continue.

A list of all banks along with their routing numbers appears. Select your specific bank. The routing number for the bank you select will be entered into the routing number field for you.

  1. Be sure to enter a Name for the bank instruction that will be saved with your bank information. You will be able to use this bank instruction for future withdrawals without having to re-enter your bank information.

You can view all of your saved bank instructions on the Bank Information page.

  1. Decide if you want to save the information as a recurring transaction.

  1. If you would like to save this as a recurring transaction, click Yes, then complete all the fields and selections in that section.

If you do not want to save this transaction as a recurring transaction, click No.

  1. Click Continue to submit your withdrawal request. An email with a confirmation number is immediately sent to your email address.

    Or click Cancel to cancel the transaction.

The Verify Your Identity page appears with additional information about your withdrawal request.

  1. Enter your username, password and the confirmation number sent to your email address. Click Confirm.

If you did not receive a confirmation number, click the Resend button to receive a new one.

  1. Click Funding > View Transaction History at any time to view the status of your deposit notification.

For more information