Why was my new EFT instruction rejected?

Your deposit may not arrive and will return to your sending bank if:

• Bank routing details don't match IBKR's provided instructions (Bank Account Title, Beneficiary Account Number, Beneficiary Bank SWIFT/Routing Code)
• Currency sent differs from currency selected in deposit notification…

There are various reasons why a connection of your account via Open Banking cannot be established, such as:

• The account holder at the bank is not the same as the account holder with IBKR.
• The account title of both accounts differ slightly. The connection can only be established if the account titles on both accounts match exactly…

When you create a deposit notification you will be provided with the correct bank instructions based on the chosen currency and method of deposit.

You should provide your bank with these instructions in order to execute a wire transfer to your account at Interactive Brokers…

There are various reasons why an ACH instruction is rejected. A rejection may happen when:

• The account holder at the bank is not the same as the account holder with IBKR
• The currency denomination of your bank account does not match the currency of the ACH instruction created…