Wire transfer: An electronic movement of funds through the wire system. You must contact your bank to initiate a wire and must also include your IBKR account name and number on the wire. Specific wire instructions and addresses will be displayed during the deposit notification process. Time to Arrive is from immediate to four business days, depending on your bank. Non-U.S. banks are generally at the longer end of the range. Credit to account is immediate upon arrival. IBKR applies a one-day holding period to GBP Faster Payments. Wire transfer is available also for non-US bank accounts and for currencies other than USD. The Withdrawal Hold Period is three business days (you may withdraw funds after three business days). A wire cannot be internally transferred during the three-day hold period.
Please Note
- If funding an account with ILS, it is important that you request your bank to send the funds via the Zahav system. Funds received via the Masav (Bank of Israel's Automated Clearing House) system will not be accepted and will be returned.
US Automated Clearing House (ACH) Transfer Initiated at IBKR: A request for IBKR to transfer funds through the ACH network. Initiation of an ACH transfer enables you to automatically deposit funds from a US bank to IBKR. You will be required to enter your bank's ABA number and your bank account number. If you do not know your bank's ABA number, you can enter the bank name and city and search for the correct ABA number. You will be required to verify each new instruction. ACH deposits may be subject to a 4 business days credit hold . Though funds may be released earlier at IBKR's sole discretion (depending on tenure, deposit history and account balance), IBKR does not provide any guarantees of the accelerated provision on all ACH deposits.
If funds are withdrawn to a bank other than the originating bank, a 44-business day withdrawal hold period will be applied. Client must have two-factor authentication enable in order to connect their bank via ACH.
Brokers receiving ACH funds transfer to portfolio margin accounts will not have the funds credited to the account until the funds are settled. If you seek immediate use of funds in your portfolio margin account, you may wish to consider a wire transfer.
Additional Information
- Review the Funding Reference page on our website.