Withdrawal requests will be "rejected" if the amount exceeds your Cash Available For Withdrawal or if credit holds are in effect. See below:
- What determines how much cash is available for withdrawal in a cash account?
- What determines how much cash is available for withdrawal in a margin account?
If an account holds non-base currencies then those currency balances may also limit the amount of funds available to withdraw due to any related margin requirement. For more information, please see "Currency Margin Calculations for Withdrawals" and How can I convert currency?
Also, withdrawals are credited back to the IBKR account if the destination bank does not recognize the routing instructions provided by the client. This may be due to an erroneous entry on the instructions or the bank account having closed since the instructions were created. The client will need to confirm the instruction details with their bank, amend the instructions as necessary and resubmit the withdrawal request. See: How do I transfer funds out of IBKR?
Please Note
- The amount credited back may be slightly lower than the original withdrawal amount due to processing fees of the bank that returned the withdrawal.
For additional details about your returned or rejected cash withdrawal, please contact IBKR Client Services.