Deposit Funds

Instructions

In the Deposit Funds page you can select how you would like to make your deposit. Clients can select saved deposit information, select a new deposit method, or you can deposit checks directly into your IBKR account using Mobile Check Deposit.

To deposit funds:

  1. Tap the Account menu icon (three horizontal lines) on the top left corner of the app.

  2. Tap the Deposit Funds button.

    The account menu deppsit funds button on the Android Phone

  3. Select a deposit method you have used before or use a new deposit method to initiate a deposit notification.

    The mobile deposoit android phone

  4. We support the following types of deposit notifications:

    • Wire - Same day electronic movement of funds through the fed wire system. You must contact your bank to initiate a wire and include your account name and number on the wire. Specific wire instructions and addresses will be displayed during the deposit process. Wire deposits arrive immediately to four 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.
    • ACH - Your transfer request will automatically be processed through a message sent to your bank by IB. Prior to using this method, you will need to create a standing instruction through Transfer & Pay which authorizes IB and your bank to electronically transfer funds between the two accounts. You will then be prompted to verify a series of test transactions issued to your bank account several days later to establish the link. Once established, this transfer method can be used for future deposit and withdrawal requests.
    • Bill Pay (online bill payment check) - A check or electronic fund transfer that originates from an online payment service provided by your Infinancial institution. For US checks, you add us to your personal payee list and your bank mails a check for you. For electronic fund transfers, you select us 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 account after seven business days.
    • Transfer from Wise Balance - Link your Wise profile, then initiate a fund transfer from your Wise multi-currency account to your IBKR account.
    • BPAY Notification - Online bill payment for Australian dollars only
    • Wire Notification (CNH) - Chinese Renminbi only
    • Wire/SEPA Notification - Euros only
    • eDDA - Electronic Direct Debit Authorization. A Transfer Service in Hong Kong that provides clients with a fast and convenient way to draw funds, in HKD or CNY, from their Hong Kong bank account to credit their IBKR account. Once the initial eDDA setup request has been confirmed by your bank, you can top up your IBKR account at any time by simply confirming the transfer amount.

  5. Deposit notifications are easy to complete. All required information appears as a form that you complete on a single page - as you fill in a field or make a selection, the next part of the notification form appears.

  6. In the Recurring Transaction section, decide if you want to save this deposit or deposit notification as a recurring transaction.

    If you would like to save this deposit notification as a recurring transaction, select the check box and complete all the fields and selections in that section, including a name for the recurring transaction, the frequency of recurrence (Monthly, Quarterly or Annually), and a Start Date. If you do not want to save this transaction as a recurring transaction, do not select the check box.

 

Additional Resources

For more information, visit the Fund Your Account page on our website.