How do I send money via a Canadian Electronic Funds Transfer (EFT)?

INITIATE CANADIAN EFT TRANSFER

Canadian EFT, or Electronic Funds Transfer, is a method of transferring USD or CAD funds between IBKR and a bank located in Canada.

Use the button above or follow the below procedure to fund your account via Canadian Electronic Funds Transfer (EFT):

  1. Log in to Client Portal
  2. Select Transfer & Pay followed by Transfer Funds and then Deposit Funds
  3. Scroll down and select Canadian Dollar (CAD) or United States Dollar (USD) as the currency
  4. Click Get Instructions next to EFT as your deposit method and follow the prompts on screen
  5. Once the instructions are submitted and confirmed, you can indicate the amount you wish to deposit.

Please Note

  • Limitations on EFTs exist for both deposits and withdrawals. Deposits are limited to USD $100,000 or CAD equivalent over seven business days. Withdrawals are limited to USD $5,000,000 or CAD equivalent.

Additional Information

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