How do I clear a small currency cash balance?

Clients may send funds in a variety of accepted currencies. IBKR will not automatically convert funds received to your base currency. The cash balances will display in your base currency and you can view your actual cash balances within the Account window of your trading platform or the Cash Report section of your Activity Statement. …

Interactive Brokers (IBKR) has a specific process for handling small non-base currency balances in your account. Here is a comprehensive overview:

• Automatic Conversion:
  • IBKR automatically converts nominal balances of non-base currencies…

Residual cash balances in non-base currencies will be converted automatically to the base currency of the account after 2 business days at no cost to clients. Nominal FX balances are defined as those less than 5.00 USD or the equivalent. Such residual non-base balances are regularly swept the night after settlement. Usually the cash settles T+2 trade date plus 2 business days after a FX conversion trade or after a closing stock trade. A non-base residual cash less than 5.00 USD will be swept into the account's Base Currency as long as no other unsettled activity remains like an accrued interest payable or receivable in that currency. Note that balances which are accrued but not yet posted, such as interest debits and credits, are not subject to being swept while in an accrual state but can be swept back to the Base Currency the day after being posted to the account's cash balance…

Clients maintaining a cash or margin account opened via IBKR (Taiwan), are required to select their base currency when completing the account application process. While the account does not need to be funded in the base currency, funds below 5 USD or equivalent in any other supported IBKR currencies will be automatically exchanged to the preset base currency…