Funding Reference

Internal Fund Transfers

To make an internal fund transfer, complete an Internal Funds Transfer request on the Fund Transfers page in Account Management. Note that funds that are on hold (for example, a Wire deposit has a three-day hold period) cannot be internally transferred.


Transfer funds between accounts with identical name, type and Tax ID

Description

The Account Name, Account Type and Tax ID must match to transfer funds between accounts. Please complete an internal funds transfer request on the Fund Transfers page in Account Management.

Time to Arrive

Requests submitted during regular trading hours will transfer immediately. Requests submitted outside of regular trading hours will be processed the next business day.



Transfer funds to a client or sub account

Description

Use this option to transfer funds from the master account to a client or sub account. Please complete an internal funds transfer request on the Fund Transfers page in Account Management.

Time to Arrive

Requests submitted during regular trading hours will transfer immediately. Requests submitted outside of regular trading hours will be processed the next business day.



Transfer funds between a master account and a client or sub account

Description

Use this option to transfer funds between a master account and a sub or client account. Please complete an internal funds transfer request on the Fund Transfers page in Account Management.

Time to Arrive

Requests submitted during regular trading hours will transfer immediately. Requests submitted outside of regular trading hours will be processed the next business day.



Account Type Specifics

Type Description
All Accounts

IB customers can transfer funds from one IB account to a matching IB account. The following rules apply:

  • The Account Titles of both accounts must match.
  • The country of legal residence of both accounts must - match.
  • For US customers, the US tax ID (Social Security number) of both accounts must match.
  • For non-US Individual customers, the ID number, ID type (passport, driver's license, national ID, or alien ID) and ID-issuing country must match. For joint non-US customers, the IDs of both first and second holder must match.
  • For non-US Organization customers, the government-issued ID and issuing country of both accounts must match.
  • Customers with linked accounts can use this type of transfer. However, customers with multiple accounts that are eligible to be linked but are not currently linked cannot use this type of transfer.
Advisor Accounts
 Professional and Friends & Family Advisors can transfer funds internally from the master account to a client account with matching Account Name, Account Type and Tax ID.
Proprietary Trading Group / Separate Trading Limit (STL)
 Separate Trading Limit accounts can transfer funds between the master and sub account in either direction, and between sub accounts.
Fully Disclosed Broker Accounts
 Fully Disclosed Brokers can transfer funds internally between their master and Proprietary Account for Broker-Dealers), and from their master account to a client account.
Non-Disclosed Broker Accounts
 Non-Disclosed Brokers can transfer funds between the master and sub accounts in either direction. Non-Disclosed Broker clients can transfer funds between their master account and their Proprietary Account for Broker-Dealers, and between other multiple accounts (duplicated accounts and IB-UKL accounts).
Fund Advisors
 Hedge and Mutual Fund Advisors can transfer funds internally from the master account to an omnibus client/sub account, and from the master account to a client/sub account with matching Account Name, Account Type and Tax ID.