IBKR accepts USD denominated checks drawn on a U.S. bank on behalf of clients carried by IBLLC and IBUK (check must contain U.S. ABA routing number). In addition, HKD denominated checks drawn on a HK Bank are accepted on behalf of clients carried by IBLLC or IBHK. Checks deposited by IBLLC or IBUK clients should be payable to Interactive Brokers LLC and checks deposited from IBHK clients should be payable to Interactive Brokers Hong Kong Ltd. Interactive Brokers Canada customers cannot fund their accounts with personal checks or bank drafts. IB Canada will make an exception to accept transfer checks from Registered Retirement Savings Plans (RRSP), Spousal Registered Retirement Savings Plans (Spousal RRSP), and Tax Free Savings Plans (TFSA).
With regard to USD checks, only Bill Payment, Corporate, and Personal checks are accepted. Checks will not be accepted unless they include your account name and account number.
Please Note: That IBKR does not accept third party checks or Bank Checks.
Bank Checks can also be defined as:
- Treasurer's Check
- Cashier's Check
- Teller's Check
- Banker's Check
- Official Check
The acceptable deposit methods for your account may be determined by logging in to Client Portal and selecting the Transfer & Pay menu followed by Transfer Funds.
With regard to HKD Checks, only personal checks are accepted. Funds are credited within one business day after we receive official confirmation from our bank that the funds have cleared. The Withdrawal Hold Period is 3 business days (you may withdraw funds after 3 business days).
With regard to CAD Checks, only RRSP, Spousal RRSP, and TFSA transfer checks from non-ATON participants are currently accepted. Funds are credited to the account after a 5 business day credit hold (funds are available on the sixth business day).
Additional Information