Transfer Funds to your IBKR Taiwan Account

We offer several flexible and convenient methods to Taiwanese clients for funding their account. Clients may transfer funds from a bank account located in Taiwan or overseas as long as the bank account is in the same name as the IBKR account holder and the transfer is in one of the 26 currencies supported by us. At present, TWD/NTD (Taiwanese Dollar/New Taiwanese Dollar) is not one of the supported currency in IBKR. Prior to funding their account, clients should verify that their deposit currency is supported.

 

What are the available currencies that Taiwan clients can hold in their IBKR account?

Clients maintaining a cash or margin account opened via us (Taiwan), are required to select their base currency when completing the account application process. While the account does not need to be funded in the base currency, funds below 5 USD or equivalent in any other supported IBKR currencies will be automatically exchanged to the preset base currency.

Below is the list of supported currencies in IBKR:

AUD Australian Dollar CAD Canadian Dollar CHF Swiss Franc CNH Chinese Offshore Yuan CZK Czech Koruna
DKK Danish Krone EUR Euro GBP British Pound HKD Hong Kong Dollar HUF Hungarian Forint
ILS Israeli Shekel JPY Japanese Yen MXN Mexican Peso NOK Norwegian Krone NZD New Zealand Dollar
PLN Polish Zloty SEK Swedish Krona SGD Singapore Dollar USD United States Dollar    

 

What are the available deposit methods?

TWD is currently not a supported deposit currency, but other currencies are available for our Taiwan clients to deposit to their IBKR accounts. The below table shows the deposit methods available for the most commonly used deposit currencies for IBKR Taiwan clients. To see the list of supported currencies and available deposit methods, please refer to our Fund your Account page and select 'Taiwan (Republic of China)' as "My Region of Residence".

Currency Deposit Method Timing Approximate Cost*
USD

  1. Wire (online bank transfer)

  2. Wise Transfer

  3. Check (issued by US banks only)

  4. Online Bill Pay (US bank accounts only)

  1. Depends on the banks involved. Usually takes 1-4 days but may take longer for some destinations

  2. Within hours but may take a number of business days

  3. Slow - Available 6 business days after the check arrives at IBKR

  4. 1-6 business days after the one-time setup of IBKR as payee in your bank's bill payment feature

  1. Determined by your bank.

  2. Wise may charge for currency conversion. Check in Wise for:

    1. applicable fees

    2. current FX rate

    3. exact amount ("Target Currency") to arrive at your IBKR account

  3. Determined by your bank, but generally free.

  4. Determined by your bank, but generally free.
HKD

  1. Wire (online bank transfer)

  2. Wise Transfer

  1. Usually 1-2 business day

  2. Within hours but may take a number of business days

  1. Determined by your bank.

  2. Wise may charge for currency conversion. Check in Wise for:

    1. applicable fees

    2. current FX rate

    3. exact amount ("Target Currency") to arrive at your IBKR account

*Please be aware that different methods might result in different fees and charges incurred by the sending institution (i.e., bank). We do not charge any fees for deposits.

 

How to deposit from your Taiwan bank account?

You should be able to to transfer funds from your Taiwan bank account as long as it is one of the supported currencies and using one of the supported transfer methods. Additionally, we strongly recommend creating a deposit notification to receive up-to-date routing instructions and to ensure funds are properly credited to your IBKR account. More information can be found in Why do you require a deposit notification?

We strongly encourage you to check with your bank and confirm the below points directly with them before initiating your deposit.

  • 1) Your bank supports one of the IBKR supported currencies for depositing to IBKR Taiwan account

  • 2) Your bank allows transfer via one of these non-TWD currencies

  • 3) Fees & Charges to perform the transfer

Reminder: Attempting to transfer TWD will fail as we do not support it. The fund transfer would be rejected and your bank may charge additional fee for return/refund processing.

 

What are the limitations or restrictions to funding my account?

Please take note of a few constraints you may face when attempting to fund your Taiwan IBKR account:

  1. Currently, TWD is not a supported currency in IBKR. Therefore, you will be required to fund your IBKR account using other currencies.

  2. The type of funding method available for depositing funds into your IBKR account is dependent on the currency you select.

    NOTE: We would strongly suggest to check with your deposit source (i.e., bank for Wire/bank transfer) in regards to fees & charges when depositing to your IBKR account.

  3. Other funds' transfer related restrictions can be found in "Funds Transfer Restrictions".

  4. Currently, we are not supporting any other payment methods (i.e., e-wallets) from the ones provided (per currency). The funding methods will be updated once new payment methods are added.

  5. Some unacceptable forms of deposits have been provided below. Please refer to Deposit Funds for the full list of unacceptable deposit forms.

    • Cash (coins or currency)

    • Domestic drafts

    • Starter Checks

    • Checks from Minors

    • Stale-dated checks (over 3-months old)

    • Post-dated checks

    • Traveler's Checks