Why am I being charged a fee for my first withdrawal of the month?

Interactive Brokers (IBKR) allows two free withdrawal requests per calendar month. However, any fees imposed by your bank or other financial institutions involved in the transaction are not covered by IBKR and remain your responsibility. 

TRANSFER STATUS

Use the button above or follow the procedure below to check detailed information about your withdrawal and any associated fees:

  1. Log in to Client Portal
  1. Select Transfer & Pay followed by Transaction Status & History 
  1. Click on Withdrawal Transaction

Complete transaction details, including charged fees and actual credited amount, will be displayed under the "Track this Payment" section.

Additional Information

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Why was I charged a fee for a cash withdrawal?
How is the free withdrawal per month applied for multiple accounts?
Are there any fees for failed or rejected ACH deposit transactions?
What is the fee to withdrawal from an ISA?