You can generally withdraw funds from Client Portal denominated in the currency of your residential country, the base currency of your account, or a common currency (USD, EUR, HKD, GBP, AUD, SGD, CHF, CAD, or JPY).
If you have a margin account and do not hold a position in the currency you wish to withdraw we will not execute a currency conversion on your behalf. Instead, if you maintain a margin account, leveraged Forex permissions and have sufficient excess equity, you may be eligible to borrow and withdraw your desired currency. Alternatively, you can execute a currency conversion within the IBKR account before entering the withdrawal request.
Clients should verify with the receiving bank that it can hold the withdrawal currency in the destination bank account before submitting the withdrawal request in a specific currency.
As part of its anti-money laundering efforts, IBKR implements restrictions on certain client deposits and withdrawals, see Funds Transfer Restrictions Knowledge Base for more details.
Please Note
- For clients of IBIE you are able to withdraw funds in USD, EUR, GBP, CHF, CZK, PLN, HUF, DKK, SEK, NOK or ILS.
Additional Information