The Proper Way to Fund IBKR Canada with Wise (Deposit & Withdraw)
VerrilloTrading VerrilloTrading
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 Published On Nov 12, 2023

This video shows the definitive way to fund and withdraw USD from IBKR using Wise in Canada. This video shows how to set up and modify deposit notifications in IBKR. It shows how to create recipients in Wise and in IBKR in order to create USD Wire withdrawals. In Canada the only working method for Wise is the Wire method, since the EFT method on IBKR requires that the bank is in Canada. This is a limitation on the IBKR side, other videos do clearly show that IBKR supports ACH in other countries.

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https://wise.prf.hn/l/Gl3BdZQ

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00:00 Why I use Wise
01:45 Main Advantages & Currency Conversion
03:29 Create IBKR Wire Deposit Method
05:12 Creating a Deposit Notification
05:50 Explaining IBKR Wire Deposit Bank Details
06:53 Creating the Recipient in Wise
08:35 Important: Modifying a deposit notification
10:52 Create a Transfer from Wise to IBKR
12:23 Create IBKR Deposit Notification with Proof of Transaction
13:03 Creating an IBKR Wire Withdrawal Method
16:29 Create a Wire Withdrawal from IBKR to Wise

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