Can I fund my account through a digital bank or payment processor?

Payment processors often transmit funds without the necessary identification details required for proper account crediting. This can result in delays in allocating funds to your brokerage account or the rejection of payment in some circumstances. If you are sending funds through a payment processor, the below information provides further instructions on how best to ensure proper handling. If using one of these institutions to send funds, you may be asked to submit a valid proof of deposit document in order to credit your deposit…

IBKR registers bonds in "street name" which means that interest payments are made from the issuer to IBKR who, in turn, deposits the payment directly into the client's brokerage account. This is generally processed on the coupon payment date, but can be delayed slightly when occurring on a non-business day or if the funds have not yet been received from the issuer or depository/agent…

IBKR does not support digital banks when the bank is based as a digital wallet or payment processor. IBKR does not recommend sending funds to a payment processor. This can lead, in most cases, to the rejection of the payment. IBKR always recommends sending funds to a bank account in your name…

Payments from Revolut may contain insufficient information for IBKR to determine that the funds are coming from a Revolut account in your name. As a result, IBKR may require clients who deposit funds through Revolut to provide Revolut Transfer Confirmation (proof of deposit) to expedite our review of the payment…