Overview
Deposits
Easily fund your Interactive Brokers (IBKR) account using our straightforward deposit options. We have included everything you need to know to get your funds working for you quickly and efficiently.
Before initiating your transfer, ensure your IBKR account is active and gather the necessary information:
- Your IBKR account number
- Deposit amount
- Sending institution details
The specific banking instructions will be provided when you create a deposit notification through the Client Portal – an essential step that ensures your funds are properly matched to your account.
Quick Start: FUND YOUR ACCOUNT
- Log in to the Client Portal
- Select Transfer & Pay and then Transfer Funds menu options
- Select Deposit Funds followed by the desired Deposit Method
- Click Get Instructions to get started
Important JPY Deposit Information
- What methods can I use to fund my IBSJ account with JPY?
- Local: Clients sending funds from a local Japanese domestic bank should send funds via domestic fund transfer.
- International: Deposits from overseas bank accounts must use the 'International Transfer' method to send JPY to their IBSJ account. Confirm procedures with your sending institution on how to send an international wire using the provided banking instructions.
- What information does my bank need to transfer funds?
- Local: Local Japanese banks will need the IBSJ bank, bank code/branch code, bank account title & address, and the 7-digit destination bank account number/VAN
- A VAN (Virtual Account Number) is a bank account number assigned specifically to you for domestic fund transfers. It should be used exclusively for deposits initiated by yourself and should not be shared with anyone else. A VAN should not be used for international fund transfers
- International: International bank transfers require IBKR’s banking information, SWIFT code, bank account title & address, and 10-digit bank account number. Be sure to include your name and U-account number in the memo/reference field of the transfer details. Failure to include this information may delay the arrival of funds to your account.
- Can I use a fund transfer service such as Wise or Revolut?
- Fund transfer services, including Wise and Revolut, is available to IBLLC, UK and HK account holders. IBSJ account holders cannot fund their accounts with fund transfer services and must send a domestic bank transfer.
- IBKR does not control transfer speed. Consult your sending institution about processing times and cut-off times.
- Payments requiring additional review may take longer to credit.
- Please consult with the sending institution about costs, as fees vary by financial institution. We do not charge for deposits.
Deposit Transfer Methods
Transfer Methods
IBKR offers multiple methods for depositing JPY into your account. Each method provides different benefits in terms of processing speed, convenience, and associated fees. Available transfer options may vary depending on which IBKR entity services your account, as certain deposit methods are entity-specific.
- Domestic Bank Transfer
- International Bank Transfer
- Transfer from Wise Balance
Domestic Bank Transfer
- Initiate a transfer from your bank using instructions provided through our portal.
| Availability | IB Japan only |
| Required Information: | Log in to your IBKR account and create a deposit notification to obtain the IBSJ bank, bank and branch code, bank account title and address, and 7-digit destination bank account number/VAN that you will need to provide to your local bank |
| Speed: | Same day, up to 1 business day |
| Limits: | Transfer limits may be set by your bank |
| Fee(s): | Fees may apply and are determined by your bank. Generally, fees are free or very low |
| Trading Availability: | Funds are immediately available for trading after arriving at IBKR |
| Withdrawal Hold(s): | 3 business days |
International Bank Transfer
- Set up a template at your bank to transfer funds from your bank to your IBKR account. Contact your bank to request a bank transfer and supply them with the IBKR bank transfer instructions provided to you.
| Availability | All entities except IB Ireland, IB India and IB Australia |
| Required Information: | Delivering bank details, currency of denomination, sending institution name, and IBKR's provided bank account details |
| Speed: | 1 to 4 business days |
| Limits: | Transfer limits may be set by your bank |
| Fee(s): | Determined by your bank, generally fees do apply |
| Trading Availability: | Funds are immediately available for trading after arriving at IBKR |
| Withdrawal Hold(s): | 3 business days |
Transfer from Wise Balance
- Link your Wise profile, then initiate a fund transfer from your Wise multi-currency account to your IBKR account. Wise converts your funds into an IBKR supported currency and transfers the funds to your IBKR account.
| Availability | IBKR LLC, IB UK and IB Hong Kong |
| Required Information: | Your Wise username and password to link to your IBKR account |
| Speed: | Wise converts your funds into a supported currency for this method and transfers the funds to your account. Provide transaction details to review currency-specific arrival times |
| Limits: | Generally no limits, however transfer limits may be set by Wise |
| Fee(s): | Wise charges for currency conversion. Provide transaction details to review currency-specific fees |
| Trading Availability: | Funds are immediately available for trading after arriving at IBKR |
| Withdrawal Hold(s): | 3 business days |
Withdrawals
Withdrawals
- Access your funds with our streamlined withdrawal process. This section shows you how to transfer money from your IBKR account back to your bank. We have made retrieving your funds straightforward so you can access your money when you need it.
Quick Start: WITHDRAW FROM YOUR ACCOUNT
- Log in to the Client Portal
- Select Transfer & Pay and then Transfer Funds menu options
- Select Withdraw Funds followed by the desired Withdrawal Method
- Click Use the Method to get started
Important JPY Withdrawal Information
- IBKR allows 2 free withdrawals per month. Subsequent withdrawals, regardless of method, are charged a fee. The fee charged depends upon the denomination of the currency withdrawn and the withdrawal method. Please see the IBKR website for more details.
Transfer Methods
IBKR provides withdrawal options depending on which IBKR entity services your account, as certain withdrawal methods may be entity-specific. Available method(s) differ in processing time, limits and associated fees. Review the details below to understand your options.
- Bank Wire
Bank Wire
- One-time setup of a withdrawal destination at IBKR to tell us where to send the funds via the SWIFT Network.
| Availability | All entities except IB Ireland, IB India and IB Australia |
| Speed: | Receive the funds next day |
| Limits: | Daily limits apply depending on your secure login device. May be subject to further review by your bank |
| Fee(s): | IBKR charges a JPY 1,600.00 (IB-JP customers: 1,760 incl. tax) fee for subsequent withdrawals beyond the complimentary allowance. Your bank may also charge fees for incoming funds |
Other Considerations
Unacceptable Deposit Methods
The following deposit methods are not accepted for JPY:
- Physical cash (coin or currency) – IBKR does not support physical cash deposits or over-the-counter transactions at bank branches.
Third-Party Deposits and Withdrawals
- Third-party deposits are funds that originate from an account not owned by the receiving IBKR account holder. IBKR generally discourages and reserves the right to reject third-party deposits due to industry-wide fraud and money laundering concerns.
- IBKR considers requests to withdraw funds to a bank account not held in your name, but approval is not guaranteed and can require additional screening. For faster processing it is recommended to withdraw funds to your own bank account. Note that this service is not available for IBA, IBIN, IBSJ, and IBSG customers.
Digital Wallet Providers
- IBKR does not support digital banks when the bank is based on a digital wallet. IBKR does not recommend sending funds from a payment processor as funds are often sent without the payment details or sufficient information. This can lead to significant delays in allocating the deposit to your brokerage account or in some cases, to the rejection of the payment. Please see Deposit instructions for payment apps for more information.
Other Restrictions
- For anti-money laundering compliance, residents of high-risk countries face restrictions on transfers between countries and can only withdraw to accounts they previously deposited from. We may limit your transfer destinations regardless of location, and changing your base currency requires a 5-day waiting period before withdrawals. Restricted transactions will be automatically blocked. Please see Funds transfer restrictions for more information.
Top Deposits and Withdrawals FAQs