Withdrawal from IB to Revolut

Discussion in 'Interactive Brokers' started by qaz, Mar 23, 2020.

  1. qaz

    qaz

    Has anyone done this successfully, if so which currency?
     
  2. RedDuke

    RedDuke

    You can only withdraw to account you deposited from or they will mail you the check.
     
  3. Incorrect. You can withdraw to any bank account which is listed in your name.
     
    Nobert and d08 like this.
  4. Yes I have done it and do it continually.
     
  5. RedDuke

    RedDuke

    Hm, a while back IB blocked my withdrawal to personal account. Originally money came from corp account. Good to know they now allow it. Thanks for posting.
     
    Nobert likes this.
  6. It is more difficult to withdraw from a corporate account to a personal account. That requires approval as a third party transfer.
     
  7. You would have to take a closer look to the name and address of the IB account holder and the bank account holder to which you wanted to send the money to. Those need to be identical (not similar).
     
  8. qaz

    qaz

    Good to hear. Which currency/currencies?
     
  9. RedDuke

    RedDuke

    Makes sense
     
  10. All currencies supported by IB and Revolut. That is a lot of currencies. You can look it up on their websites.
     
    #10     Mar 24, 2020
    qaz likes this.