What are the steps for Mobile Check Deposit?

You can deposit checks directly into your IBKR account using Mobile Check Deposit.

To deposit a check:

1. Tap the Account menu icon (head and shoulders) in the top left corner of the app.
2. Tap the Deposit Funds button and select Deposit Check.
3. In the Deposit To field, select the appropriate account if you hold multiple accounts
4. In the Amount field, enter the amount of the check
5. Tap “Front” and position the field over the front of the check until the check scans
6. Tap “Back” and position the field over the back of the endorsed check until the check scans
7. Tap “Deposit Check” when complete

NOTE: To be eligible to deposit a check using IBKR Mobile Check Deposit:

• You must be an IBLLC-US client.
• The check must be drawn on a US bank.
• The check must be “Payable To” the customer.
• It cannot be the first deposit into a new account.
• The back of the check must be endorsed with your signature and "For mobile deposit only UMB Bank FFC IBKR".
• Check amount cannot be more than the mobile deposit limit: $10K per day & $50K per 30 days.
• The check must be deposited with 90 days and the date cannot be future-dated.
• You must have IBKR Mobile Authentication (IB Key) installed on your mobile device.
• If depositing a Cashier's Checks, the remitter of funds must be identifiable on the check and like-titled with the account holder.

Please Note

• There is a 7 business day credit hold for mobile check deposits.
• There is a 90 calendar day withdrawal hold period for mobile check deposits.
• IRA accounts are restricted from using the Mobile Check Deposit function.