IB does not have the facilities necessary to accommodate physical delivery.  For futures contracts that are settled by actual physical delivery of the underlying commodity (physical delivery futures), account holders may not make or receive delivery of the underlying commodity.

It is the responsibility of the account holder to make themselves aware of the close-out deadline of each product.  If an account holder has not closed out a position in a physical delivery futures contract by the close-out deadline, IB may, without additional prior notification, liquidate the account holder’s position in the expiring contract.  Please note that liquidations will not otherwise impact working orders; account holders must ensure that open orders to close positions are adjusted for the actual real-time position.

To avoid deliveries in expiring futures contracts, account holders must roll forward or close out positions prior to the Close-Out Deadline indicated on www.interactivebrokers.com.  From the home page, choose the Trading menu, and then select Delivery, Exercise & Actions.  From the Delivery, Exercise and Corporate Actions page, read the information governing Futures and Future Options Physical Delivery Liquidation Rules.  Also listed are the few futures in which delivery can be taken, such as currency futures.