Interactive Brokers setting up Deposit and Withdraw using ACH?

[Hamus Yaigh]

I have just got my hands on a new IBKR account and setting up ways to Deposit and Withdraw using ACH there seems to be no way to call funds from my Citi account to IBKR using ACH? I can only use IBKR to deposit funds to Citi using ACH? Is this correct? How can I send from Citi to IBKR using ACH?

[Thailand J]

You can log on to you IBKR account to pull funds from CITI  using ACH.

You must connect your bank first. To do that, after you've logged in, click on " Transfer & Pay", and select " Transfer Funds".

 

After that , if you click on " Make a Deposit", you will get an instruction on how to deposit from CITI to IBKR if you goto CITI to request a transfer. To link a bank scroll down for the option. May be you didn't scroll down and therefore didn't see the option.

 

 

You can also click on " Make a withdrawal" to link a bank. After you have linked the bank you can do both deposit and withdrawal on IBKR.

 

That was how I had added my banks, I hope it still works.

 

Edited August 15, 2023 by Thailand J

[Hamus Yaigh]

Thanks  @Thailand J, your explanation has helped a lot. I can log into Citi from IBKR and set up a link as you say. Many thanks.