Instant Account Verification (IAV) allows IBKR Clients the opportunity to have bank and account information verified instantly during the ACH account set-up process. IAV is presented to clients as an option in addition to the traditional process of verifying bank and account information which sends small dollar value transactions back and forth over the course of a few days.
- Log in to Client Portal
- Select Transfer & Pay followed by Transfer Funds
- Select Deposit Funds or Withdraw Funds
- Click Use a new deposit method or Use a new withdrawal method
- Select Currency United States Dollar (USD) and click on the Connect button next to Connect Your Bank Account
- Click on Log in at your bank on the right side and fill out the information on the page
- Click VERIFY BANK ACCOUNT and follow the prompts on the screen.
Please Note
- The process to connect your bank account so that it can be used for ACH deposits and withdrawals can be initiated from your IBKR account or at your bank as described in the IBKR Knowledge Base.
- ACH transfers are only available for US Dollar deposits from an account held in your name at a US bank that allows ACH deposits. To fund an account in USD from a bank located outside of the US you can use a Bank Wire. Please see: How do I fund my account via bank wire?
- The Traditional Verification Method (using micro-deposits) for Connect Your Bank via ACH is used in instances when our third party verification system PLAID is unable to complete the Instant Verification to link the bank account. Traditional and Instant are the only available verification methods for Connect Your Bank via ACH. If your bank is unwilling/unable to accept micro-deposits to facilitate the completion of the Traditional Verification Method, please feel free to choose another transfer method. For USD, these may include Bank Wire, Check, Online Bill Payment, Direct Deposit/Debit, and Transfer to Wise Balance.
Additional Information
- ACH transactions in our Users' Guide.
- How to Initiate ACH Transfers