Account holders depositing from a local Japanese bank should send funds via domestic fund transfer.

Please see below for more information regarding how to deposit funds into an IBSJ account.

Instructions for how to deposit JPY into your IBSJ account

A deposit notification will be required. It is recommended that you always enter a deposit notification before arranging a fund transfer with your bank.

Account holders can notify IBKR of an incoming fund transfer by entering a deposit notification in Client Portal by selecting Transfer & Pay followed by Transfer Funds and Make a Deposit.

Local bank transfers should use 'Domestic Bank Transfer.' Overseas accounts able to send JPY should use 'International Transfer.'

Banking instructions will be provided after submitting a deposit information. It is recommended that you always confirm that the banking instructions registered with your bank match those which are provided when creating a deposit notification.

Contact your bank and confirm how to complete a fund transfer using the provided bank instructions.

IMPORTANT: A deposit notification instructs your intent to send funds to your IBSJ account. Notifications DO NOT move any funds. Please arrange with your bank to send funds to your IBSJ account.

What methods can I use to fund my IBSJ account with JPY?

Local - Clients sending funds from a local Japanese domestic bank should send funds via domestic fund transfer.

International - Deposits from overseas bank accounts must use the 'International Transfer' method to send JPY to their IBSJ account. Confirm procedures with your sending institution on how to send an international wire using the provided banking instructions.

For both methods, account holders should confirm fees and procedures with their bank before sending funds. IBSJ is not responsible for fees charged by your bank.

What information does my bank need to transfer funds?

Local - Local Japanese banks will need the IBSJ bank, bank code/branch code, bank account title & address, and 7-digit destination bank account number/VAN*.

*A VAN (Virtual Account Number) is a bank account number assigned specifically to you for domestic fund transfers.  It should be used exclusively for deposits initiated by yourself and should not be shared with anyone else. A VAN will not be used for international fund transfers

International - International transfers require IBSJ's bank information, SWIFT code, bank account title & address, and 10-digit bank account number. Be sure to include your name and U-account number in the memo/reference field of the transfer details. Failure to include this information may delay the arrival of funds to your account.

Contact Client Services should additional information or assistance be required.

What information does IBKR need to transfer funds?

Please create a deposit notification as instructed above.

If funds are sent without a deposit notification, proof of deposit may be requested to credit the funds to your account.

How long does it take for my funds to arrive into my IBSJ account?

Local - Your Japanese bank's daily cutoff times may affect the funds' arrival.

Should clients miss the daily deadline set by their bank, the funds should arrive the next business day. Please confirm this information with your Japanese bank.

International - The arrival of funds may take longer when sending JPY from an international bank via International Transfer (up to 3-4 business days in some cases).

Be sure to include your name and U-account number in the memo/reference field of the transfer details. Failure to include this information may delay the arrival of funds to your account.

Confirm that you have entered a matching deposit notification for your transfer. The arrival of funds may be delayed if funds are sent without a matching deposit notification.

As costs vary by institution, please consult with the sending institution about the costs incurred to process your payment. IBKR does not charge fees for the deposit of funds.

IBKR credits funds to accounts in real-time upon receipt. Please note that we do not have any control over the speed/processing of your fund transfer. You may consider consulting your bank regarding processing times.

Payments that are subject to review may take longer to credit to the account.

Are third-party deposits into my IBSJ account permitted?

Funds must be sent from a bank account held in your name. Funds sent from an account using a different name will be considered third-party and will be rejected.

Does IBSJ charge for deposits?

IBSJ does not charge a handling fee for deposits.

Related fees (including, but not limited to: transfer fees, rejection fees, etc.) are to be paid by the account holder. IBSJ is not responsible for fees incurred due to rejected deposits.

Can I use a fund transfer service such as Wise or Revolut?

Fund transfer services, including Wise and Revolut, cannot be used for funding your IBSJ account. Please use a bank wire to send funds to an IBSJ account.