What type of transfer can I use to fund my account with USD?
IBKR offers a number of flexible and convenient methods for funding your account. The funding options are Direct ACH Transfer, ACH, Bank Wire, Online Bill Pay, Check, Mobile Check, Request for Payment (RFP) and via Wise.
What information does my bank need to transfer funds?
You will find the complete USD deposit instructions upon completing the deposit notification in Client Portal.
Depending on your funding method, IBKR will provide you with the USD deposit instructions.
How long does it usually take for my funds to arrive?
Below is a list of the available funding options:
| Payment Type | Timing | Approximate Cost* |
| Direct ACH Transfer | One-time setup at your bank to link your IBKR account. 1 business day or less after initial setup. | Free |
| ACH | One -time setup of a template at IBKR to link to your bank account. After 4 business days. However, subsequent deposits maybe available immediately. Limited to $100K per seven days. | Free |
| Bank Wire | Depends on the banks involved - Take 1 - 4 days on average, longer for some destinations | Determined by your bank, fees do not apply |
| Online Bill Pay | One-time setup of IBKR as a payee in your bank's bill payment application. Available in 1 to 6 business days, determined by your bank. | Fee are determined by your bank, but generally free. |
| Check | Available six business days after check arrives at IBKR. Bank Checks are available immediately upon receipt. Withdrawal hold still applies | Fee are determined by your bank, but generally free. |
| Mobile Check | Available six business days after check arrives at IBKR. | Fee are determined by your bank, but generally free. |
| Request for Payment (RFP) | Real-time payments are done on a 24x7xx365 payments managed by the Clearing House and available to all federally insured U.S. depository institutions. | Free |
| Wise | Initiate a funds transfer from your Wise multi-currency account to your IBKR account. Wise converts your funds into a IBKR-supported currency for this method (which is EUR/USD) and transfers the funds to your IBKR account. | You can modify the quantity of the Source Currency to see the applicable fees, current FX rate, the amount of the Target Currency that will arrive in your Interactive Brokers account and the expected arrival time. |
*Please consult with the sending institution about the costs to process your payment as this may vary by financial institution. IBKR does not charge fees for the deposit of funds.
Note
- IBKR credits funds in real time upon receipt under normal circumstances.
- IBKR does not have influence on the speed of transfer. You may consult with the sending institution regarding their processing times and cut off times.
- Payments that are subject to additional review may take longer to credit.
Additional Information