Interactive Brokers (IBKR) implements certain restrictions on client deposits as part of its anti-money laundering efforts and to ensure account security. These restrictions are important to understand before attempting to fund your account. Here are the key points to consider:
- Source of Funds:
- Funds must come from a banking account under your name.
- The banking account should be from your home country.
- Deposits from non-residential countries are not allowed.
- Third-Party Transfers:
- Third-party transfers, including those from family members, are discouraged.
- Money Transfer Processors:
- IBKR does not recommend sending funds from a payment processor because funds are often sent without identifying payment details or sufficient information.
- Foreign Bank Accounts and Currencies:
- Restrictions may apply to deposits from foreign bank accounts or in certain currencies.
- Available funding methods and currencies can vary depending on your account type and location.
- Deposit Review Process:
- Deposits that do not meet the established criteria may be held for review.
- In some cases, these deposits could potentially be rejected.
Note
- The available funding options can change. For the most up-to-date and accurate information specific to your account, always check the Transfer & Pay section in your IBKR Client Portal before initiating a deposit.
Additional Information
- Visit the IBKR Knowledge Base and review the Funds Transfer Restrictions.