Use the button above or follow the below procedure to submit incoming transfer requests through Client Portal:
- Log in to Client Portal
- Click Transfer & Pay menu followed by Transfer Positions
- Select Incoming
- Select the Region ("Australia") of the delivering firm
- Select Free of Payment Transfer of Global Securities from the Method menu and provide your Broker Information.
IBKR will ask you to provide the contact information of your Financial Institution located in Australia and ask you to print, sign and upload a "Transfer Form - Letter of Authorization", which IBKR will sent to your Financial Institution to initiate the transfer process. Please reach out to your Financial Institution as they may require from you to complete their own forms or online request to confirm your intend to transfer to IBKR. Unless your Financial Institution does not respond to us, the transfer will not make progress.
You have multiple options to upload the "Transfer Form - Letter of Authorization" in Client Portal:
- During transfer creation following the above steps, you will have an option to directly upload the signed Transfer Form.
If you confirmed your transfer without uploading the Transfer Form, you will have the option to upload via
- The Transaction Status & History in Client Portal will show you the pending transfer and a option to upload the transfer form.
- The Pending Items in Client Portal will show you the pending tasks to complete. Click the Notifications (bell) icon in the top right corner.
What are the next Steps?
- Please contact your financial institution to initiate the transfer of your securities.
- Follow your financial institution's procedure to initiate a securities transfer. They may require a signed copy of the Customer Account Transfer Letter of Authorization and/or ask you to follow supplemental/alternate steps online or over the phone.
- Once your current financial institution is ready to deliver, they must contact IBKR via email at fop-transfer-in@interactivebrokers.com (for official use only; inquiries sent from personal addresses will be automatically deleted).
What your current financial institution may need from you
- Your Financial Institution may ask you for IBKR`s SWIFT Code. Please provide IBKRUS33XXX. What is Interactive Brokers' SWIFT code for an inbound Positions Transfer?
- You may need to provide our contact information which can be found here: Can you provide me a contact name, phone number, and/or email address at IBKR for an asset transfer?
- If your financial institution ask for settlement instruction please provide as follows
- Custodian : BNP Paribas Securities Services Australia
- CHESS PID: 01892
- BIC Code: PARBAU2SXXX
- Account number: 2005430001
- Contact person: Settlement Department
- Tel: +61(2) 7251 0088 What are the Interactive Brokers Settlement Instructions for Common Markets?
Timing
Vary from a few business days to weeks.
- Unless your financial institution reply to us, the transfer will not make progress. You may consult them for their current processing times.
- IBKR will provide status on your transfer under Transaction Status & History.
- Fees
- IBKR does not charge fees on incoming Free of Payment Transfer for Global securities nor reimburse fees charged by other brokers.
- The transfer out fee is a minimum of AUD 55 per request. Additional fees for the transfer out of de-listed securities up to USD 100 may apply.
- Is there a fee to transfer positions?
Please Note
- We hold all assets under a custodial structure which is registered under IBKR's name at one omnibus account with our custodian, BNP Australia.
- Hence, stock is held on CHESS under the one HIN but underlying clients do not have a unique HIN for themselves.
- IBKR does not allow changes in beneficial ownership. IBKR will only accept delivery from an account that is entitled in the same name as your account.
- You can only initiate a transfer of positions if your account has been approved an activated.
- Only electronic listed shares are supported (e.g. no physical certificates can be transferred).
- IBKR is not able to transfer fractions of shares.
- If your financial institution is not listed in the drop down of available Financial Institutions, please refer to: Why is my financial institution not in the list of available institutions for security transfers?
- Your transfer request is valid for 60 days. Please refer here in case your financial institution requires more time to work on your transfer: How many days is a inbound transfer request via Free of Payment of Global Securities?