To obtain instructions for depositing USD into your IB Singapore account through a DBS Singapore bank account follow the steps below:
- Log in to Client Portal.
- From the Transfer & Pay menu select Transfer Funds and then Deposit Funds**.**
- Create a new deposit instruction by selecting USD as the Currency of the deposit from the drop-down menu.
- To get the Instructions select YES to "Are you transferring funds from DBS Bank in Singapore?".
- Then you will be presented with IBKR’s DBS Singapore receiving bank account details.
Notes
- Upon completing the deposit notification, you will need to contact the institution that is transferring funds to initiate the transaction.
- You may be asked to provide the name and account number for the institution you are transferring funds from and the amount IBKR should expect to receive.
- As part of its anti-money laundering efforts, IBKR implements restrictions on certain client deposits and withdrawals.
- Find out more about Funds Transfer Restrictions in the IBKR Knowledge Base.
Additional Information