IB Is VERY Slow Cashing Checks...

Discussion in 'Interactive Brokers' started by version77, May 27, 2003.

  1. nkhoi

    nkhoi

    then IB should state very clear in bold print that check take 3 weeks, wire take 1 day.
     
    #31     May 29, 2003
  2. def

    def Sponsor

    It does - very clearly - if you read the deposit instructions (it is actually 10 biz days).
     
    #32     May 30, 2003
  3. I live in Florida and mail checks to IB in Connecticut. I consistently get an E-mail from IB at about 4pm, 3 days later, advising me of the receipt and the date my funds will be available. It seems to work flawlessly so long as you print out the deposit notification form and send it in with your check.
     
    #33     May 30, 2003
  4. Here in Canada it was too difficult and expensive to set it up that I could wire funds to IB. So I just got a bank draft made out to Interactive Brokers, wrote my account number on it and mailed it to them with a deposit slip. I mailed it on Wednesday and it was in my account by Friday.
     
    #34     Jun 1, 2003