Open topic with navigation

Enter an International Asset Transfer

The Transfer Positions screen lets you transfer assets from Asia and Europe into your account. You can requests inbound international transfers only. As part of this request process, you must use previously-saved broker information or create new broker information.

Inbound International Asset Transfers are notifications only. You must instruct your third-party broker to transfer the assets to your IB account using the authorization form we provide at the end of the international asset transfer request procedure.

Advisors and Fully Disclosed Brokers can request inbound international asset transfers for a client account but the client must create a position transfer instruction first and the Advisor or Broker must use those instructions.

To request an inbound transfer of Asian or European positions

1. Click Transfer & Pay > Transfer Positions.
2. If you have multiple accounts or account partitions, or if you have a master account and you manage one or more client or sub accounts, the Account Selector opens. Select the account you want to use for this transaction, or use the search function in the Account Selector to find the desired account. Click CONTINUE to submit your account selection and close the Account Selector.

   

3. In the Transaction Type list, select Inbound Position.
4. In the Method list, select International Asset Transfer.

   

5. In the Broker Information section, you can use previously saved broker information, enter new broker information without saving it, or enter new broker information and save it for future use:
   • To use previously saved broker information, click the toggle switch to YES, and select the saved information from the Information to use drop-down list. The saved broker information is displayed for you.

     

   • To enter new broker information without saving it, click the toggle switch to NO, and then complete all fields to enter information about the broker who will be transferring your assets. When prompted at the bottom of the section to save your broker information, click the toggle switch to NO.
   • To enter new broker information AND save it for future use, click the toggle switch to NO, and then complete all fields to enter information about the broker who will be transferring your assets. When prompted at the bottom of the section to save your broker information, click the toggle switch to YES and then enter the name of the broker information.

     

6. In the Transaction Information section, click Add Asset.

   

   • In the Asset Search window, select an asset type from the drop-down. For example, select Stock.

     

   • Select the Search Type (by Symbol, by CUSIP number or by ISIN number), and then enter the symbol and, optionally, an exchange.

     

   • The Asset Search window refreshes with a list of matching symbols. Click the one you want to transfer.
     Click Search Again to search to start a different asset search.

     

   • Enter the quantity and type of assets (Long or Short) to transfer. Click the toggle switch to YES to transfer your entire position of the selected symbol.

     

7. Click Add. The assets are added to the list of assets to transfer.

   

8. You can remove assets from the transfer by clicking the X in the asset list.
9. Click CONTINUE.
10. On the page that appears, type your signature in the Signature field, and then click CONTINUE.
11. Click Back to modify the transfer request.
12. On the Confirmation screen, click View Form to access and print the Customer Account Transfer - Letter of Authorization.
13. Sign the Letter of Authorization and send it to your third-party (carrying) broker.
14. Instruct your third-party (carrying) broker using the procedure that they have defined. IB will not be able to expedite transfers that are not properly instructed at your third-party broker.

For more information

• Funding Reference