CNH Deposits and Withdrawals

Deposits

Easily fund your Interactive Brokers account using our straightforward deposit options. We've included everything you need to know to get your funds working for you quickly and efficiently.

Before initiating your transfer, ensure your Interactive Brokers account is active and gather the necessary information:

  • Your IB account number.

  • Deposit amount.

  • Sending institution details.

The specific banking instructions will be provided when you create a deposit notification through the portal – an essential step that ensures your funds are properly matched to your account.

Quick Start: Fund your account

  1. Log in to the portal.

  2. Select Transfer & Pay and then Transfer Funds menu options.

  3. Select "Deposit Funds" followed by the desired Deposit Method.

  4. Click "Get Instructions" to get started.

 

Important CNH Deposit Information

  • Instant Bank Transfers: The Faster Payment System (FPS) is a payment infrastructure introduced by the Hong Kong Monetary Authority (HKMA) and operated by Hong Kong Interbank Clearing Limited (HKICL) to enable instant payments in HK. Available transfer methods FPS and eDDA use this payment channel to instantly fund your IBKR account.

  • Local Bank Transfers: Banks in HK offer interbank payments denominated in CNH via the renminbi RTGS system. To make a local CNH transfer you will need to provide your HK bank, via online banking/branch, the account details generated for you when you create a deposit notification for CNH.

  • International Bank Transfers: If you transfer CNH from a financial institution outside of Hong Kong, they may require the use of an intermediary or correspondent bank to route the payment through before reaching your account. These are known as cross-border payments. International money transfers are offered by most banks on the SWIFT network.

  • Difference between domestic and international bank transfer: Domestic transfers go to institutions in the same country/zone, while international transfers go abroad. This affects fees and processing times.

  • IBKR does not control transfer speed. Consult your sending institution about processing times and cut-off times.

  • Payments requiring additional review may take longer to credit.

  • Please consult with the sending institution about costs, as fees vary by financial institution. We do not charge for deposits.

 

Deposit Transfer Methods

Interactive Brokers offers multiple methods for depositing CNH into your account. Each method provides different benefits in terms of processing speed, convenience, and associated fees. Available transfer options may vary depending on which IBKR entity services your account, as certain deposit methods are entity specific.

 

Bank Transfer

Setup a template at your bank to transfer funds from your bank to your IBKR account.

Availability: All entities except IBKR Japan, India and Australia
Required Information: Sending bank's details (sending institution name and account number), and IBKR's provided bank account details.
Speed:

1 business day or less for local transfers. 1 to 4 business days for international transfers.
Limits:

Transfer limits may be set by your bank.
Fee(s): Determined by your bank, generally fees do apply.
Trading Availability:

Funds are immediately available for trading after arriving at IBKR.
Withdrawal Hold(s):

3 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. Wise converts your funds into an IBKR supported currency and transfers the funds to your IBKR account.

Availability: IBKR LLC, UK, Singapore and Hong Kong
Required Information: Your Wise username and password to link to your IBKR account.
Speed:

Wise converts your funds into a supported currency for this method and transfers the funds to your account. Provide transaction details to review currency-specific arrival times.
Limits:

Generally no limits, however transfer limits may be set by Wise.
Fee(s): Wise charges for currency conversion. Provide transaction details to review currency-specific fees.
Trading Availability:

Funds are immediately available for trading after arriving at IBKR.
Withdrawal Hold(s):

3 business days.

 

Instant Local Transfer via FPS

Initiate an FPS transfer from your bank using instructions provided through our portal.

Availability: Available to HK bank account holders.
Required Information: Our FPS ID number or scan the QR code provided in our transfer instructions.
Speed:

Same day, usually within hours.
Limits:

Transfer limits may be set by your bank. Transfer limits are lower when using the QR code.
Fee(s): Fees are determined by your bank, but generally free.
Trading Availability:

Funds are immediately available for trading after arriving at IBKR.
Withdrawal Hold(s):

3 business days.

 

Instant Local Transfer via eDDA

One time setup that enables you to draw funds from your HK bank account to credit your IBKR account.

Availability: Available to HK bank account holders.
Required Information: Your Hong Kong bank account number and currency you would like to use.
Speed:

Immediate to 1 business day. Available 24/7.
Limits:

Transfer limits may be set by your bank. Please contact them for further information
Fee(s): Fees may apply and are determined by your bank. Generally fees are free or very low.
Trading Availability:

Funds are immediately available for trading after arriving at IBKR.
Withdrawal Hold(s):

3 business days.

 

Withdrawals

Access your funds with our streamlined withdrawal process. This section shows you how to transfer money from your Interactive Brokers account back to your bank. We've made retrieving your funds straightforward so you can access your money when you need it.

Quick Start: Fund your account

  1. Log in to the portal.

  2. Select Transfer & Pay and then Transfer Funds menu options.

  3. Select "Withdraw Funds" followed by the desired Withdrawal Method.

  4. Click "Use The Method" to get started

 

Withdrawal Transfer Methods

Interactive Brokers provides withdrawal options depending on which IBKR entity services your account, as certain withdrawal methods may be entity specific. Available method(s) differ in processing time, limits and associated fees. Review the details below to understand your options.

 

Bank Wire Withdrawal

One-time setup of a withdrawal destination at IBKR to tell us where to send the funds via the SWIFT Network.

Availability: All entities except IBKR Japan, India and Australia
Speed:

Receive the funds next day
Limits:

Daily limits apply depending on your secure login device. May be subject to further review by your bank.
Fee(s): One free withdrawal is allowed per calendar month. Subsequent withdrawals using this method will incur a fee of CNH 60.00 at IBKR. Your bank may charge a fee for an incoming wire.

 

Local Electronic Transfer

One-time setup of a withdrawal destination at IBKR to tell us where to send the withdrawal electronically.

Availability: IBKR LLC and Hong Kong
Speed:

Receive the funds in 1-2 days
Limits:

Daily limits apply depending on your secure login device. May be subject to further review by your bank.
Fee(s): One free withdrawal is allowed per calendar month. Subsequent withdrawals using this method will incur a fee of CNH 7.00 at IBKR. Your bank may charge a fee for cashing an incoming electronic deposit.

 

Other Considerations

Unacceptable Deposit Methods

The following deposit methods are not accepted for CNH:

  • Physical cash (coin or currency) – IBKR does not support physical cash deposits or over the counter transactions at bank branches.

 

Third Party Deposits and Withdrawals

Third party deposits are funds that originate from an account not owned by the receiving IBKR account holder. IBKR generally discourages and reserves the right to reject third-party deposits due to industry-wide fraud and money laundering concerns.

IBKR considers requests to withdraw funds to account not in your name, but approval isn't guaranteed and requires additional reviews. For faster processing its recommend to withdraw funds to your own bank account. Note that this service is not available for IBAU, IBIN, IBSJ, and IBSG customers.

 

Digital Wallet Providers

IBKR does not support digital banks when the bank is based on a digital wallet. IBKR does not recommend sending funds from a payment processor as funds are often sent without the payment details or sufficient information. This can lead to significant delays in allocating the deposit to your brokerage account or in some case to the rejection of the payment. Please see https://www.interactivebrokers.com/lib/cstools/faq/#/content/1218315577 for more information.

 

Other Restrictions

For anti-money laundering compliance, residents of high-risk countries face restrictions on transfers between countries and can only withdraw to accounts they previously deposited from. We may limit your transfer destinations regardless of location, and changing your base currency requires a 5-day waiting period before withdrawals. Restricted transactions will be automatically blocked. Please see Funds Transfer Restrictions for more information.

 

Top Deposit and Withdrawals FAQ's

Funding and Asset Transfers