Enter ACH Deposit

To initiate an ACH transfer, please take the steps outlined below.

1. Click the Transfer & Pay tab > Transfer Funds.
   • Alternatively, click Menu in the top left corner > Transfer & Pay > Transfer Funds.
2. If you are managing multiple accounts, use the Account Selector’s search function to choose the account you want, then click Continue.

3. Select Make a Deposit.

   

4. In the Currency list, select the currency of your deposit.

   

5. Select Link a Bank Account.

6. You will be asked to verify your bank in one of three ways:

1. Select Enter your banking information.

   

2. Select the Bank Account Type.

3. Enter the Routing Number, Bank Account Number, and select Connect Bank Account.

   

4. You will be asked to confirm your request via electronic signature and security token authentication, which authorizes both IBKR and your bank to act upon any transfer requests you provide.

5. If your bank account is in your name, your account will instantly link to it. Select Deposit Funds to start the transfer.

   

6. If we cannot verify the bank account is in your name, we will use the traditional verification method of sending two micro-deposits to your bank account.

7. Within 1-3 business days, two random credits (micro-deposits) each less than one dollar, and a corresponding debit (withdrawal) will be issued to your bank account.

8. You will need to monitor your bank account for these transactions as you will need to confirm this funding instruction.
   • Note: These transactions may take place on different days

9. Once these transactions have reached your bank account, log back in to Portal and from the Pending Items menu (Home page > Blue bell icon in the top right corner > Pending Items) enter the amounts to confirm.

10. After you have entered the correct amounts, you can use the ACH instruction for deposit and withdrawal transfers.

    

1. Select Log in at your bank.

   

2. Enter an Account Nickname and select Verify Bank Account.

   You may be prompted to verify the bank account via Plaid Verification. Click the link to view instructions.

   

3. Select Get Started in the pop-up window.

   

4. Select your bank from the pop-up window.

   

5. Enter the login credentials for your online banking account and click Sign on.

   

6. You may need to complete additional SMS verification depending on your bank.

7. Select the account you would like to connect and press Continue.

   

8. Select the check box to the left of Terms & Conditions and press Connect.

   

9. The verification screen will present the details of the account you selected. Click Confirm.

   

10. Verify the banking information on the Portal and click Continue.

    

11. Sign the populated agreement. Input your username, password, and complete authentication. Press Continue.

    • Complete authentication using your two-factor security device. If you are using IB Key, open the notification on your phone. If you are using the Digital Security Card, enter the challenge code.

    

12. A confirmation screen will appear. Select Deposit Funds to initiate the transfer.