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Complete the following steps to close your account
Liquidate or Transfer Positions
To check your positions, log in to Account Management and select Reports > Activity. View your latest statement to verify that all positions have been liquidated or transferred.
|2.||Convert Foreign Currencies
Closing withdrawals may only be made in your base currency. You must convert any foreign currency you may hold back to your account's base currency. Be sure to check your statement and consider any dividend or interest accruals. The conversion can be processed using the Trader Workstation FXTrader. IB will automatically convert non-Base currency balances when you submit a close account request and the balances are below USD 1,000 equivalent. If you need assistance with the conversion process please contact our Trade Desk.
Verify Bank Wire Instructions
Return Secure Login Device
For more information regarding how to return the device please contact our Technical Assistance Department or visit our web site: http://ibkb.interactivebrokers.com/node/975
IRA Accounts Withdrawals
|6.||Ensure Recent Deposits Have Cleared
All recent deposits, such as ACH, check and wire transfers, must have time to clear according to the Customer Deposit Credit and Hold Periods policy before your request to close your account can be honored.
See the Funding Reference for details on credit and hold periods:
Check Statements and Tax Forms
This information will only be available for a limited time after your account is closed. You will need to save your username and password for future access to statements.
Your account will generally be held open for up to three months after you receive your closing withdrawal to collect any possible future fees, dividends, interest, or corporate actions. After that time, your account will be closed permanently.
If the above criteria are not met, our system will be unable to process your account closure request. Inactivity fees will continue to be deducted from an account until the above steps are completed, including the return of any Secure Login System device. Also note that funds held to secure the return of the security device may not be withdrawn until the device has been returned, and will be applied to meet any inactivity or market data fees.