NOK 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 NOK Deposit Information
  • IBKR accepts NOK via international bank wire (SWIFT) or RTGS (Real Time Gross Settlement) regardless of whether your bank is located within or outside of Norway. Your bank may call these transfers "wire transfers," "electronic bank transfers," or "bank-to-bank transfers" without distinguishing between SWIFT and RTGS methods.

  • RTGS is the fastest method for transferring money within Norway and is used primarily for high-value transactions with real-time settlement. Your bank will select the appropriate system in the background based on the transfer details. RTGS transfers typically arrive same day to 1 business day at low cost.

  • International bank transfers (SWIFT) from outside Norway may involve intermediary or correspondent banks, which can add complexity to cross-border payments. These transfers typically take 1 to 4 business days and may be delayed due to operating hours of local settlement systems or compliance checks across different jurisdictions.

  • 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 NOK 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 Australia, Singapore, India and Japan
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.

 

Link Bank Account via Open Banking

Interactive Brokers uses Plaid to connect your bank and trading accounts. Send money from your bank to your IBKR trading account without leaving the IBKR Platform.

Availability: IBKR LLC, and Ireland
Required Information: Plaid will use your banking information to instantly link your bank account.
Speed:

Immediate to a few hours

Limits:

Transfer limits may be set by your bank. Please contact them for further information.

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, Hong Kong, Ireland, and UK
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.

 

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 Australia, Singapore, India and Japan
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 NOK 50.00 at IBKR. Your bank may charge a fee for an incoming wire.

 

Other Considerations

Unacceptable Deposit Methods

The following deposit methods are not accepted for NOK:

  • 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