Funds and Banking


Fund Deposits

Deposit notifications allow us to efficiently identify your incoming funds for proper credit to your account.

  • Explicit instructions on where and how to send the funds will be provided after you complete the deposit notification. The instructions will vary according to your location and type of funds.
  • Checks or wires sent to IB without completed deposit instructions will be held until we can contact you to complete one.
  • A deposit notification does not move your funds. You must contact your bank or broker to complete the transfer.

To notify us of a deposit of funds, complete a deposit notification on the Cash Transfers page in Account Management/Funds Management or during your initial application process.



Deposit Notifications
Type Description Time to Arrive Limitations
Wire Same day electronic movement of funds through the fed wire system. You must contact your bank to initiate a wire. Please complete a Deposit Instruction on the Cash Transfers page in Account Management/Funds Management. You must instruct your bank to include your IB account name and number on the wire. Specific wire instructions and addresses will be displayed during the Deposit Instruction process. From immediate to 4 business days, depending on your bank. Non-U.S. banks are generally at the longer end of the range. Credit to account is immediate upon arrival. The Withdrawal Hold Period is 3 business days (you may withdraw funds after 3 business days).
Check
(all checks including retirement plan checks)		 Paper and mail based deposit of funds. Complete the Deposit Instruction on the Cash Transfers page in Account Management/Funds Management, print the form and mail it with your check to IB. Please write your account number on the check. Specific check instructions and addresses will be displayed during the Deposit Instruction process. The IB address for sending your check will be printed on the deposit form.

Please take note that Interactive Brokers Canada customers cannot fund their accounts with cheques or bank drafts.		 Depends on the speed of the mail. Under normal circumstances we deposit funds to your account on the same business day of check arrival.

Funds are credited to the account after a 7 business day credit hold, with the exception of Bank Checks which are credited immediately. 		Only Bank, Bill Payment and Personal checks for US Dollars are accepted. Click here for a list of acceptable/unacceptable check types.

Funds can be withdrawn as soon as the funds are credited with the exception of Bank Checks which may be withdrawn 3 business days after arrival.
Online Bill Payment Check A check or electronic fund transfer that originates from an online payment service provided by your financial institution. For US checks, you add Interactive Brokers to your personal payee list and your bank mails a check for you. For electronic fund transfers, you select Interactive Brokers from your bank's list of merchants and your bank sends an electronic payment. Electronic fund transfers are credited to your account immediately.

US checks will be credited to your acount after 7 business days.		 Electronic fund transfers: you may withdraw your funds after 3 business days.

US checks: you may withdraw your funds after 7 business days.
US Automated Clearing House (ACH) Transfer Initiated at IB Multi-day electronic movement of funds through the ACH system. Initiation of an ACH transfer enables you to automatically move funds from a US bank that is a member of the Automated Clearing House (ACH) to IB. Instructions to initiate an ACH transfer to IB are under Account Management. You will be asked to complete a Bank Instruction during the deposit process if you do not have one on file or if you would like to add a new one. IB limits ACH deposits to $100,000 over 7 business days.

You will be required to enter your bank's ABA number and your bank account number. If you do not know your bank's ABA number, you can enter the bank name and city and search for the correct ABA number. You will be required to complete two sets of verification with each new instruction. The first verification is through the use of a Registration Confirmation Number which will be sent to the user email address of record to confirm your email address. The second verification sends debit and credit amounts to your bank which appear on your bank statement and must be typed into your instruction as confirmation. This verification ensures that the person entering an ACH instruction is the legitimate owner of the ACH instruction bank account.		 ACH requests received by 14:00 ET will be credited to your account after 4 business days under normal circumstances. Only available for US currency deposits from an account held in your name at a US bank that allows ACH deposits. Funds may be withdrawn after the 4-day credit hold.

If funds are withdrawn to a bank other than the originating bank, a 40-business-day withdrawal hold period will be applied.

Customers who do not have a security device from IB are limited to a single ACH deposit of $20,000 or less.

Additional ACH deposits require a security device which can be obtained through the Secure Login System.
ACH Initiated at Your Bank Electronic notification that we will match to your transfer when it arrives. You must contact your bank to initiate the transfer. Only available for US currency deposits from a US bank. Same as ACH initiated at IB. Only available for US currency deposits from an account held in your name at a US bank that allows ACH deposits. Funds may be withdrawn after the 4-day credit hold.
Canadian Electronic Funds Transfer (EFT) EFT is available for USD or CAD currency deposits from a USD or CAD currency account held in your name at a bank located in Canada that allows EFT transactions. Instructions to initiate an EFT through IB are under Account Management. You will be asked to complete a Bank Instruction during the deposit process if you do not have one on file or if you would like to add a new one. IB limits EFT deposits to $100,000 over 7 business days.

You will be required to enter your bank's three digit institution number, five-digit bank transit number and your bank account number. You will be required to complete two sets of verification with each new instruction. The first verification is through the use of a Registration Confirmation Number which will be sent to the user email address of record to confirm your email address. The second verification sends debit and credit amounts to your bank which appear on your bank statement and must be typed into your instruction as confirmation. This verification ensures that the person entering an EFT instruction is the legitimate owner of the EFT instruction bank account.		 EFT requests received by 09:30 ET, will be credited to your account after 4 business days under normal circumstances. Only available for USD or CAD currency deposits from a USD or CAD currency account held in your name at a bank located in Canada that allows EFT transactions. Funds may be withdrawn after the 4-day credit hold.

If funds are withdrawn to a bank other than the originating bank/instruction, a 60-business-day withdrawal hold period will be applied.

There is a USD equivalent 20,000 limit on EFT deposits for customers without an IB security device. This limit applies to the first EFT deposit only. No additional EFT deposits will be allowed without a security device.
Direct Rollover
(IRA account only)		 You may transfer assets from an existing 401K or other retirement plan into a Direct Rollover Account only. When you choose Deposit Instructions and then Direct Rollover from Account Management, you will be prompted to complete the information about your existing retirement plan which you must print, sign and send back to IB. IB will sign this form and forward it to your existing retirement plan to initiate the Direct Rollover. Depends on third-party administrator. Only available in the US for IRAs.
Trustee-to-Trustee
(IRA account only)		 You may transfer assets from an IRA account held with another trustee/custodian to an IB IRA account. The assets are transferred directly trustee/custodian to trustee/custodian, with no distribution of assets to you.When you choose Deposit Instructions and then Trustee-to-Trustee from Account Management, you will be presented with an IRA Transfer In Authorization form, which you must print out, complete and return to IB. You can also download the PDF form here. Depends on third-party administrator. Only available in the US for IRAs.

Recurring Transactions

You can schedule any deposit transaction except Direct Rollovers and Trustee-to-Trustee deposits to recur at monthly, quarterly or yearly intervals. Each recurring transaction requires that you first create a bank instruction, which can then be used for both recurring and non-recurring transactions. You set up recurring transactions on the Cash Transfers page in Account Management/Funds Management.

 

Account Type Specifics
Type Description
IRA Accounts Contributions may be made by wire, check, or EFT. Please note that there is a limitation on yearly IRA contributions as described in the Contributions Limits table. Transfers from another IRA plan may be made through ACATS. Use Direct Rollover for transfers from a 401k or retirement plan. In addition you may take possession of your funds from another plan and send a wire, check or EFT to IB, but a tax penalty may apply if the funds do not arrive within 60 days of the payout.

When transferring from another IRA account, you may only deposit the cash or positions into an IB account that has the same IRA type. IB Direct Rollover accounts may receive funds from any type of IRA, 401k or retirement plan accounts. Once funds are transferred from a 401k or retirement plan account to an IB Direct Rollover account, they may not be transferred back to a 401k or retirement plan account. Please consult your tax advisor for guidance on IRA accounts.
Advisor Accounts Advisor clients may complete a Deposit Instruction electronically if they have a username and password. If they don't, the advisor can also make a deposit notification for the client through Account Management.
Institution Accounts All deposits should be made to the master trading account, and then transferred to the sub account(s).
Fully Disclosed Broker Accounts Clients should use Account Management to make deposits directly to their accounts. Brokers may also use Account Management to deposit funds to the master account. Fully Disclosed Brokers can also enter wire and check deposit notifications for their client accounts.
Non-Disclosed Broker Accounts All deposits should be made to the master trading account, and then transferred to the client accounts.
Omnibus Broker Accounts All deposits should be made to the master account or the proprietary trading account. Transfers to the long/short accounts are automatically initiated by the clearing system as needed.

 

Notes:
  • Credit Period is the number of days before funds are posted to the customer's account and available for trading. Credit is posted after the close-of-business of the relevant day (e.g., 4 business days means credit is posted close-of-business on the 4th day). Interest will not be paid on deposits until the customer funds have been credited to the customer account.
  • The Withdrawal Hold Period is the number of days before the customer may withdraw the funds deposited. The Withdrawal Hold Period begins on the Entry Date and ends after the close of business of the relevant day. For example, 7 business days means withdrawal can be submitted on the 8th business day).
  • Interest is not paid during the hold period for checks. If this is a concern, we encourage customers to send a wire or ACH where interest is paid from the settlement date of the deposit.
  • Please be aware that it is against Interactive Brokers policy to accept physical currency (cash) deposits. Please make all deposits to your IB account by wire transfer, check, direct bank transfer (ACH), or via one of the other methods described. IB will charge a special handling fee of 1% of the deposit amount (minimum $50 fee) for any physical currency deposits. There is a seven-business-day withdrawal hold on these deposits.
  • US T-Bills may be deposited as collateral, but we require a minimum of $1,000,000 in US T-Bills for a transfer. To initiate a US T-Bill transfer, contact Customer Service.
  • Please know that IB does not accept physical stock certificates.
Fund Withdrawals

To make a withdrawal of funds, complete a withdrawal request on the Cash Transfers page in Account Management/Funds Management. The first cash withdrawal in any one month is free. A fee will be a charged for each additional withdrawal. Click here to see a schedule of the fees charged after your first monthly cash withdrawal.

A withdrawal request will be processed only if the customer has sufficient available funds and equity in excess of the initial margin requirement. Available funds are defined as the lower of trade or settlement date funds. If a withdrawal request is rejected, the customer may re-enter the withdrawal request once there are sufficient available funds and equity in excess of the initial margin requirement.

In accordance with anti-money laundering regulations, all withdrawals will be sent in the name of the account holder.

Withdrawal Types
Type Description
Wire You will be asked to complete a Bank Instruction during the Withdrawal process if you do not have one on file, or if you would like to add a new one. USD wire approved by 16:00 ET and non-USD wire requests approved by 14:00 ET will be sent by 18:00 ET, under normal business circumstances, for same-day credit. It may take longer than that for your bank to actually credit the funds to your account. Wire withdrawal requests greater than $1,000,000.00 USD require additional Compliance review.
US Automated Clearing House (ACH) Transfer Initiated at IB For an ACH Initiated At IB withdrawal, you must use a Bank Instruction. You can use an existing one or create a new one. ACHs are only available for US dollar currency withdrawals to an account held in your name at a US bank that will accept ACH fund transfers. Requests approved by 14:00 ET will be sent by 18:00 ET, under normal business circumstances, for next day credit. It may take longer for your bank to actually credit the funds to your account.

When you create a Bank Instruction for an ACH Initiated At IB withdrawal, you select the type of instruction: ACH Debit & Credit for future ACH Initiated At IB deposit and withdrawal requests between your IB account and your bank account, or an ACH Credit Only for future fund withdrawals only from your IB account to your bank account. You must also enter your bank's ABA number and your bank account number. If you do not know your bank's ABA number, you can enter the bank name and city and search for the correct ABA number. In one to three business days after you submit your Bank Instruction request, IB will verify your bank information by crediting two small test amounts and debiting one small equivalent test amount to your bank account. After you verify these test amounts, the instruction will be available for future ACH Initiated At IB withdrawal or deposit requests. Creating the Bank Instruction does not move your funds; you must create a new ACH Initiated At IB withdrawal request and select the previously-created and verified Bank Instruction.
Check Only available for US currency withdrawals by customers with a US mailing address. Check requests approved by 09:30 ET will be mailed sometime during the next business day. Arrival is dependent on the mail and credit is dependent on your bank.
Canadian Electronic Funds Transfer (EFT) Available for USD or CAD currency withdrawals to a USD or CAD currency account held in your name at a bank located in Canada that allows EFT fund transactions. Cash will be automatically transferred. EFT requests approved by 09:30 ET will be debited to your account the next business day, under normal circumstances.

When you create a Bank Instruction for an EFT withdrawal, you select the type of instruction: Debit & Credit for future EFT deposit and withdrawal requests between your IB account and your bank account, or an EFT Credit Only for future fund withdrawals only from your IB account to your bank account. You must also enter your bank's three-digit institution number, your five-digit transit number and your bank account number. IB will verify your bank information by crediting two small test amounts and debiting one small equivalent test amount to your bank account. After you verify these test amounts, the instruction will be available for future EFT withdrawal or deposit requests. Creating the Bank Instruction does not move your funds; you must create a new EFT withdrawal request and select the previously-created and verified Bank Instruction.
Single Euro Payment Area (SEPA) You will be asked to complete a Bank Instruction during the Withdrawal process if you do not have one on file, or if you would like to add a new one. Available for IB customers who have accounts with European banks, except IB Canada customers, Single Trading Limit (STL) sub accounts and Non-disclosed Broker clients. SEPA withdrawals are only available for EURO currency withdrawals. Requests approved by 10:00 AM ET will be sent by 11:00 AM ET. For more information about SEPA withdrawals, see the European Payments Council web site.

Recurring Transactions

You can schedule any withdrawal transaction to recur at monthly, quarterly or yearly intervals. Each recurring transaction requires that you first create a bank instruction, which can then be used for both recurring and non-recurring transactions. You set up recurring transactions on the Cash Transfers page in Account Management/Funds Management.

 

Account Type Specifics
Type Description
IRA Accounts Customers may request Normal, Early, Early with Exception, Disability, Death, and Excess Contribution Distributions. Please choose the correct distribution type from the Withdrawal Instructions under Account Management. You will also need to specify the tax withholding instructions. Customers wishing to manually rollover their funds to another IRA account should indicate Normal or Early Distribution, depending on your age. You will have 60 days from the payment of funds to roll them over to a third party IRA account in order to maintain IRA tax status.
Advisor Accounts Advisors and their clients create bank instructions for their own accounts and make withdrawals from their own accounts. Once a bank instruction has been created for a client account, the Advisor can use that instruction to make a withdrawal from the client account. Please note that checks will only be made payable to the client, and electronic transfers will only be made to an account in the client's name.
Institution Accounts All withdrawals should be made from the master trading account. Single Trading Limit (STL) sub accounts cannot withdraw funds using SEPA transactions.
Fully Disclosed Broker Accounts Clients should use Account Management to make withdrawals directly from their accounts.
Non-Disclosed Broker Accounts All withdrawals should be made from the master trading account. Non-disclosed broker clients cannot withdraw funds using SEPA transactions.
Omnibus Broker Accounts All withdrawals should be made from the master account. Excess funds will automatically be transferred from the long/short accounts to the master account.

 

Notes:
  • In order to further protect our customers we have modified our security policies which may result in a delay of withdrawals for up to 72 hours for those customers making changes to their banking instructions or email address. We apologize for any inconvenience.
  • As IB is not a member of the European Union banking system, your bank, if located within a Eurozone member country, may charge you a fee upon the receipt of funds wired from your IB account. Please note that IB has no control over these fees and they are separate from any fee assessed by IB when multiple withdrawals are made from your account within any given month. As practices vary by bank, and IB has no information as to individual bank practices, we strongly suggest that you contact your bank to familiarize yourself with their policies for charging fees when receiving funds from institutions located outside the Eurozone.
Internal Fund Transfers

To make an internal fund transfer, complete an Internal Funds Transfer request on the Cash Transfers page in Account Management/Funds Management.

Internal Fund Transfers
Type Description Time to Arrive
Transfer funds between accounts with identical name, type and Tax ID. The Account Name, Account Type and Tax ID must match to transfer funds between accounts. Please complete an internal funds transfer request on the Cash Transfers page in Account Management/Funds Management. Requests submitted during regular trading hours will transfer immediately. Requests submitted outside of regular trading hours will be processed the next business day.
Transfer funds to a client or sub account. Use this option to transfer funds from the master account to a client or sub account. Please complete an internal funds transfer request on the Cash Transfers page in Account Management/Funds Management. Requests submitted during regular trading hours will transfer immediately. Requests submitted outside of regular trading hours will be processed the next business day.
Transfer funds between a master account and a client or sub account. Use this option to transfer funds between a master account and a sub or client account. Please complete an internal funds transfer request on the Cash Transfers page in Account Management/Funds Management. Requests submitted during regular trading hours will transfer immediately. Requests submitted outside of regular trading hours will be processed the next business day.

 

Account Type Specifics
Type Description
All Accounts All accounts can transfer funds internally to another IB account.
Advisor Accounts Professional Advisors can transfer funds internally from the master account to a client account.
Proprietary Trading Group Separate Trading Limit Accounts Separate Trading Limit accounts can transfer funds between the master and sub account in either direction, and between sub accounts.
Fully Disclosed Broker Accounts Fully Disclosed Brokers can transfer funds internally from the master account to a client account.
Non-Disclosed Broker Accounts Non-Disclosed Brokers can transfer funds between the master and sub accounts in either direction.
Fund Advisors Hedge and Mutual Fund Advisors can transfer funds internally from the master account to a client account.
Position Transfers

To request an inbound, outbound or internal transfer of positions, use the Position Transfers page in Account Management/Funds Management. Position transfers allow us to efficiently identify your incoming funds for proper credit to your account. Inbound Transfer Requests are instructions you provide to us to contact your bank or broker to move funds or assets. You do not need any further follow-up with your bank or broker to initiate the transfer.

Position Transfers
Type Description Time to Arrive Limitations
Automated Customer Account Transfer Service (ACATS) US Broker to Broker position transfer system. Please complete a Deposit Notification on the Cash Transfers page in Account Management/Funds Management, to have your cash and positions automatically moved from a third-party US broker to IB. For details, click here.

When you request an ACATS transaction, you have the option of creating a new Position Transfer Instruction or using an existing Position Transfer Instruction.		 From 4 to 8 business days depending on your third-party broker. Only available for US stock/options/cash/mutual funds.

You may not withdraw your transfer for 10 days after receipt.

No options transfers during expiration week.

Long and Short (Short Against the Box) of same position will be netted upon receipt through an ACAT
Free of Payment (FOP) Delivery of long US stock positions from another US bank or broker that is a member of the Depository Trust Company (DTC). Requests for FOPs are made to the third-party broker. However, you must notify IB of a third-party FOP on the Position Transfers page in Account Management/Funds Management so that your transfer may be properly placed in your account.

When you request an FOP transaction, you have the option of creating a new Position Transfer Instruction or using an existing Position Transfer Instruction.

Please note FOP is not available for IRA accounts.		 Transfers are generally completed during the same business day as initiated, but this depends on your third-party broker. FOP notices are valid for 5 business days before expiring. Once the notice has expired IB will not accept the shares. Only available for long US stock positions. You will not be able to withdraw any funds or transfer any assets to another broker for 10 business days after an account transfer is received.
US Futures Transfer Print the transfer form the Position Transfers page in Account Management/Funds Management and fax it to Interactive Brokers. Allow 5 to 7 business days from time of fax, under normal circumstances, for positions and funds to arrive. From time of fax, 5 to 7 business days under normal circumstances. Futures positions and cash will be transferred separately. An Interactive Brokers representative will call you to coordinate this.
Account Transfer on Notification (ATON) ATON is the Canadian broker equivalent of ACATS. Please use the Position Transfers page in Account Management/Funds Management, to have your cash and positions moved from a third-party broker to IB. Only Canadian and US stocks and options may be transferred between Canadian Brokers.

When you request an ATON transaction, you have the option of creating a new Position Transfer Instruction or using an existing Position Transfer Instruction.		 From 4 to 8 business days depending on your third-party broker. Only available for Canadian and US stock, options and cash.

You may not withdraw your transfer for 10 days after receipt.

No options transfers during expiration week.
Asian Position Transfers Asian stock warrants and EFTs may be transferred to IB on a manual basis for Hong Kong, Australia or Japan. These requests are initiated via IB Message Center ticket requests.

To initiate a request, login into Account Management, then click the Message Center icon, located in the upper left of the Account Management menu pane, and create a new inquiry ticket. Enter "Asian Asset Transfer Request" in the Summary field and indicate the country of origin/exchange in the Description field. You will receive a reply that indicates the specific details required from the counter-party to execute the transfer. Further actions (if necessary) will be posted on the same ticket.		 From 2 to 5 business days. IB keeps all positions in the firm name ("street name"). We do not currently provide individual registration of holdings, for example Registered or Namenaktion shares. Inbound transfers of registered positions will be converted to 'street name'.
European Position Transfers European stock warrants, options, and futures may be transferred to IB on a manual basis for Belgium, France, Germany, Italy, the Netherlands, Spain, Switzerland, and the UK. For details and instructions on European transfers click here. From 4 to 8 business days. IB will not provide individual registration of holdings. IB keeps all positions in the firm name (“street name”)

 

Internal Position Transfers
Type Description Time to Arrive
Transfer positions between master and sub accounts Non-disclosed brokers and STL account users with fund management access for the Master Account can transfer positions of any asset class between the master account and its sub accounts. Please complete a transfer request on the Position Transfers page in Account Management/Funds Management. Requests submitted during regular trading hours will transfer immediately. Requests submitted outside of regular trading hours will be processed the next business day.
IRA Conversion to a Roth Account Single IRA Users with a Traditional, Rollover or SEP IRA account can perform an IRA conversion to transfer all assets from their Traditional, Rollover or SEP IRA account to their Roth IRA account. Both accounts must have matching names and taxpayer identification numbers. Select IRA Conversion to Roth Account in Account Management/Funds Management. Requests submitted during regular trading hours will transfer immediately. Requests submitted outside of regular trading hours will be processed the next business day.
IRA Recharacterization Single IRA Users with a Roth IRA account can perform an IRA recharacterization to transfer all assets from their Roth IRA account to their Traditional, Rollover or SEP IRA account. Both accounts must have matching names and taxpayer identification numbers. Select IRA Recharacterization in Account Management/Funds Management. Requests submitted during regular trading hours will transfer immediately. Requests submitted outside of regular trading hours will be processed the next business day.

 

Account Type Deposit Specifics
Deposit Type Description
IRA Accounts Contributions may be made by wire, check, or EFT. Please note that there is a limitation on yearly IRA contributions as described in the Contributions Limits table. Transfers from another IRA plan may be made through ACATS. Use Direct Rollover for transfers from a 401k or retirement plan. In addition you may take possession of your funds from another plan and send a wire, check or EFT to IB, but a tax penalty may apply if the funds do not arrive within 60 days of the payout.

When transferring from another IRA account, you may only deposit the cash or positions into an IB account that has the same IRA type. IB Direct Rollover accounts may receive funds from any type of IRA, 401k or retirement plan accounts. Once funds are transferred from a 401k or retirement plan account to an IB Direct Rollover account, they may not be transferred back to a 401k or retirement plan account. Please consult your tax advisor for guidance on IRA accounts.
Advisor Accounts Advisor clients may complete a Deposit Instruction electronically if they have a username and password. If they don't, the advisor can also make a deposit notification for the client through Account Management.

Advisors can request position transfers for their client accounts, but cannot create Position Transfer Instructions for them.
Institution Accounts All deposits should be made to the master trading account, and then transferred to the sub account(s).
Fully Disclosed Broker Accounts Clients should use Account Management to make deposits directly to their accounts. Brokers may also use Account Management to deposit funds to the master account.

Brokers can neither request position transfers nor create Position Transfer Instructions for their client accounts.
Non-Disclosed Broker Accounts All deposits should be made to the master trading account, and then transferred to the client accounts.
Omnibus Broker Accounts All deposits should be made to the master account or the proprietary trading account. Transfers to the long/short accounts are automatically initiated by the clearing system as needed.

 

Notes:
  • Credit Period is the number of days before funds are posted to the customer's account and are available for trading. Credit is posted after the close-of-business of the relevant day (e.g., 4 business days means credit is posted close-of-business on the 4th day). Interest will not be paid on deposits until the customer funds have been credited to the customer account.
  • Interest is not paid during the hold period for checks. If this is a concern, we encourage customers to send wires or ACHs where interest is paid from the settlement date of the deposit.
  • Please be aware that it is against Interactive Brokers policy to accept physical currency (cash) deposits. Please make all deposits to your IB account by wire transfer, check, direct bank transfer (ACH), or via one of the other methods described below. IB will charge a special handling fee of 1% of the deposit amount (minimum $50 fee) for any physical currency deposits. There is a seven-business-day withdrawal hold on these deposits.
  • US T-Bills may be deposited as collateral, but we require a minimum of $1,000,000 in US T-Bills for a transfer. To initiate a US T-Bill transfer, contact Customer Service.
  • Please know that IB does not accept physical stock certificates.
Transaction History

To view the latest status of any deposit, withdrawal, transfer or bank instruction request, visit the View Transaction History page in Account Management/Funds Management.

Settlement Instructions

For recurring transfer of funds or securities, you may enter standing settlement instructions that can be used each time a transfer request is made. The following settlement instructions are available at IB and may be added, deleted or modified through Account Management.

Please see the Settlement Instruction Types or Account Type Settlement Instructions Specifics table below for more details.

Settlement Instruction Types
Delivery vs. Payment (DVP) and Receive vs. Payment (RVP) DVP and RVP are instructions to deliver US stocks from one Depository Trust Account (DTC) to another in exchange for payment. DVP is from IB to another broker, RVP is from another broker to IB. Customers specify DVP instructions through Settlement Instructions in Account Management. Customers may enter multiple DVP/RVP instructions. You must enter an Expiry date, Agent ID, Firm ID, Account ID, and Agent Name. Instructions will be permanently stored in the IB registration system.
Clearing Member Trade Agreement (CMTA) CMTA is the securities options and US single stock futures equivalent of DVP/RVP and are cleared through the Options Clearing Corporation (OCC). Instructions are entered through Settlement Instructions within Account Management.
GUS GUS settlement instructions are used to give up futures and futures options trades. Instructions are entered through Settlement Instructions within Account Management.

 

Account Type Settlement Instructions Specifics
Advisor Accounts Advisors and advisor clients may electronically enter settlement instructions for their own account only. Advisors may print a settlement instruction PDF which must be sent to their client for signature and mailed to IB for verification.
Institution Accounts Settlement instructions may only be entered for the master account.
Fully Disclosed Broker Accounts Brokers and broker clients may electronically enter settlement instructions for their own account only.
Non-Disclosed and Omnibus Broker Accounts Settlement instructions may only be entered for the master account.