Which account number should I enter for IBKR as the beneficiary in a wire transfer?

Question

When adding Interactive Brokers as a beneficiary for an outward remittance, my IBKR account ID starts with U and has letters in it. Which number goes in the beneficiary account field, and where does the U-number go?

Pankaj Batra · Answer

IBKR bank account number in my account is fully numeric, like 6XX7XX9XX. This is in the Wire Instructions section when you initiate a payment on IBKR.

The payment reference number starts with U, but it has to be put in the SWIFT remarks and not in the beneficiary account number,

Which account number should I enter for IBKR as the beneficiary in a wire transfer?

1 Answers