What is an ACH transfer?

ACH transfers, while electronic, function similarly to checks as funds are not guaranteed upon receipt. ACH deposits received before 2pm EST are subject to a 4-business-day hold period from the value date, while those received after 2pm EST require a 5-business-day hold. This ACH deposit credit hold is systematically released when the US regular market opens on the respective fourth or fifth business day following the transaction…

INITIATE ACH TRANSFER

Automated Clearing House (ACH) deposits/withdrawals may be made to your IBKR account from and to your bank. ACH transfers are only available for US Dollar deposits from an account held in your name at a U.S. bank that allows ACH deposits. To fund an account in USD from a bank located outside of the U.S. you can use a Bank Wire, please see:…

Background

Automated Clearing House (ACH) deposits/withdrawals may be made to your account from and to your bank. The method referred to as ‘Connect Your Bank’ means your transfer request will be automatically processed through a message sent to your bank by us. Prior to using this method, you will need to create a standing instruction through Transfer and Pay which authorizes us and your bank to electronically transfer funds between the two accounts. You will be asked to verify your bank in one of two ways:…

Clients of IBLLC, IBUK, IBHK and IBA with a US bank account may use the Automated Clearing House (ACH) network to safely and securely transfer funds to and from their IBKR account. ACH allows you to connect your IBKR account to your US-based bank account(s) and to transfer funds between them. You can also link your account with mobile payments providers such as PayPal or merchants, and pay subscriptions or other recurring expenses such as a mortgage, car payment or utilities to any other entity using a bank on the network. In addition, you may use a Direct ACH Transfer to set up direct deposit from your employer and receive your paycheck directly into your IBKR account. …