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.
- Technical limitations or limitation of the other financial institution you try to connect, which is out of our control.
Unfortunately, IBKR does not receive feedback from other financial institutions on a failed connection request. IBKR advises to use alternative funding methods available in Client Portal to transfer funds such as local electronic transfer methods and/or wire if your Open Banking connection fails.