How to Add Bank Account to interactive Brokers

Follow these steps to link your bank account to Interactive Brokers (IBKR):

Step 1: Log in to Your IBKR Account

1. Go to the Interactive Brokers website or open the mobile app.
2. Log in using your credentials.

Step 2: Navigate to the Funding Section

1. On the dashboard, go to the Menu (top-left corner).
2. Select Transfer & Pay > Transfer Funds.

Step 3: Add a New Bank Account

1. Click on Link a New Bank Account.
2. Choose your region (e.g., U.S., Europe, etc.) and the currency you want to use.

Step 4: Select Your Bank Account Type

1. Choose the type of bank account you want to link:
   • ACH (U.S. only)
   • Wire Transfer
   • Other Local Transfer Methods (depending on your region).

Step 5: Enter Bank Account Details

1. Provide your bank account information, including:
   • Bank name
   • Account number
   • Routing number (for U.S. accounts)
   • SWIFT/BIC code (for international accounts)
   • Account holder name (must match your IBKR account).

Step 6: Verify Your Bank Account

1. IBKR may require verification via:
   • Micro-deposits: Small amounts deposited into your bank account (check your bank statement and confirm the amounts in IBKR).
   • Bank Statement Upload: Upload a PDF of your bank statement showing your account details.

Step 7: Confirm and Submit

1. Review all the details you entered.
2. Submit the request to link your bank account.

Step 8: Start Funding Your Account

1. Once your bank account is linked and verified, you can transfer funds to your IBKR account.
2. Go to Transfer & Pay > Transfer Funds and follow the prompts to deposit money.

Note: Processing times may vary depending on your bank and region. For international transfers, additional fees may apply.