How can I cancel/return my contribution at IBKR if I have accidentally over contributed in another ISA account with another ISA Provider in the same fiscal year?

IBKR permits the return of credited payments from an ISA account back to the originating bank account under these conditions:

  • Client informs IBKR within 4 weeks of unintentional over-contribution.
  • Funds remained in cash, unused for trading.
  • No partial or full payouts occurred, as these are taxable events.
  • Cancellation occurs before the tax year deadline of April 5th.

You are required to contact Client Services via the message center for further assistance. When creating a ticket, please select topic "Funds and Banking".

Powered by IBot
What should I do if I made a cash deposit in the wrong currency?
I submitted a cash withdrawal with incorrect wire instructions. What can I do?
Can I transfer funds or positions between my IRA and my taxable account?
Is my ISA account with IBKR a flexible ISA?