CREATE ONLINE BILL PAY DEPOSIT NOTIFICATION
IBKR accepts online bill payment as a funding method, which is a check or electronic fund transfer that originates from an online payment service provided by your financial institution. IBKR does not charge a fee for funding an account using Online Bill Pay.
To obtain payment instructions to transfer funds via Online Bill Pay from another institution to your IBKR account you will first need to create an Online Bill Pay deposit notification:
- Log in to your IBKR account via Client Portal
- Select Transfer & Pay followed by Transfer Funds and then Deposit Funds
- Scroll down and set the currency to United States Dollar (USD)
- Select the Get Instructions button next to Online Bill Pay
- Enter the Amount in USD and select Get Instructions
- Follow the instructions on the screen to complete the Billy Pay deposit.
Please Note
- For U.S. checks, you add Interactive Brokers to your personal payee list and your bank mails a check for you.
- For electronic fund transfers, you select Interactive Brokers from your bank's list of merchants and your bank sends an electronic payment. Electronic fund transfers are credited to your account immediately, and you may withdraw your funds after three business days. U.S. checks will be credited to your account after six business days, and you may withdraw your funds after six business days.
- The Online Bill Pay service is provided only by banks located in the U.S. for transfers in USD. Clients who want to fund the account in USD from a bank located outside of the U.S. should use a wire transfer. See: How do I deposit funds via wire transfer?
Additional Information
- Funding methods on our website.
- How to make a deposit notification in the IBKR Users' Guide.