IBKR highly encourages our clients to log in to Client Portal and provide a notification prior to initiating each transfer of funds from their bank or broker.
The purpose of this deposit notification is as follows:
- IBKR accepts deposits in multiple currencies and the instructions you will need to provide your bank to transfer funds to IBKR can vary by currency. Those instructions are provided through the online deposit notification process and are made available on a printable PDF form. Clients using the incorrect routing instructions risk having their bank convert their deposit into a different currency than intended, often at an unfavorable exchange rate;
- Oftentimes banks remit funds without all of the details necessary to uniquely identify the recipient of the funds and the deposit notification assists with the matching and crediting of the deposit to your account in the fastest manner;
- Finally, the notification allows us to provide the status of your funding request within Client Portal from the point of initiation to arrival along with any hold period.
Valuable information such as the beneficiary address can be found on your deposit notification.
Please Note
- You are notifying us of your intent to send money to your account. Notifications do not move any funds. Please follow the instructions provided to complete the transaction.
Additional Information