TRANSFER ACCOUNT TO IBKR SINGAPORE
Singapore residents having an account under Interactive Brokers LLC ("IB LLC") can transfer their account to an open Interactive Brokers Singapore Pte. Ltd ("IBKR Singapore") account having the same Account Title and Trading Permissions and close the account with IB LLC to consolidate their assets under IBKR Singapore.
Singapore residents can open an account under Interactive Brokers Singapore Pte. Ltd. ("IBKR Singapore") by selecting the red "OPEN ACCOUNT" button in the upper-right hand corner of the IBKR Singapore Home Page.
Once the IBKR Singapore account is open, use the button above or follow the below procedure to transfer your account:
- Log into Client Portal with the IB LLC account you want to transfer to IBKR Singapore.
- Click User menu (head and shoulders icon in the top right corner) followed by Settings.
- Under Account Settings find the Account Configuration section.
- Click Account Transfer. The Account Transfer screen opens.
- Select the Destination Account ID at IBKR Singapore.
- Enter Destination Account Username and Password for the IBKR Singapore account, and then click CONTINUE.
- In case the destination account does not have the same trading permissions as the IB LLC account, you will be prompted to update the destination account's trading permissions.
- Review the account transfer details and then click CONTINUE.
- Click Ok to return to the Settings screen.
Please Note
- Transfers of selected positions rather than a full account transfer can only be processed manually upon request to Client Services. See: How do I request a manual transfer of cash and/or assets between two IBKR accounts?
- Transfers of cash balances can be submitted via Client Portal. See: How do I transfer funds between Interactive Brokers accounts?
Additional Information