Interactive Brokers now lets both individual and business clients send money abroad and fund brokerage accounts seamlessly through Wise’s cross-border payments technology.
The IBKR and Wise partnership, first launched in 2023, was designed to make it easier for retail investors to transfer funds directly from their Wise accounts into IBKR brokerage accounts. Customers can convert money at the mid-market exchange rate and fund their trading accounts without leaving the Interactive Brokers platform.
Now, the collaboration has been extended to US business investing clients across more than 50 countries, giving organisations the same streamlined transfer experience previously available to individuals. Treasury teams and corporate investors can link their Wise profiles and move capital into markets quickly, with access to local currency funding in up to 27 currencies.
A key element of the online USD money transfer service is “guaranteed delivery amounts”, ensuring that funds land in full with no unexpected fees deducted mid-transfer. Wise also highlighted its real-time payments capabilities, with around 74% of transfers arriving instantly, in under 20 seconds, although speed depends on the transaction and region.
Lauren Langbridge, General Manager for North America at Wise Platform, called the move “big news for brokerages and investment platforms globally,” saying the collaboration removes friction at a critical moment in the investing journey and supports brokerages looking to expand internationally.
Milan Galik, Chief Executive Officer at Interactive Brokers, said the integration reflects IBKR’s ongoing commitment to accessibility in global investing. “Interactive Brokers offers clients convenient methods to fund accounts in up to 27 currencies, and the Wise integration provides an additional way to transfer funds without ever leaving the IBKR platform,” he said. “Extending the Wise funding solution to business clients complements our existing funding capabilities and gives organisations an additional means to move capital efficiently and access the over 170 global markets we make available.”
The partnership underscores a broader trend in the US stock brokerage industry toward embedding international payments directly into investing platforms, as demand grows for faster settlement, transparent pricing, and multi-currency access.
Wise operates under more than 70 regulatory licences worldwide and is authorised by the UK Financial Conduct Authority as an electronic money institution, offering a regulated route for both individuals and businesses to send money internationally.
Richard is the founder of the Good Money Guide (formerly Good Broker Guide), one of the original investment comparison sites established in 2015. With a career spanning two decades as a broker, he brings extensive expertise and knowledge to the financial landscape.
Having worked as a broker at Investors Intelligence and a multi-asset derivatives broker at MF Global (Man Financial), Richard has acquired substantial experience in the industry. His career began as a private client stockbroker at Walker Crips and Phillip Securities (now King and Shaxson), following internships on the NYMEX oil trading floor in New York and London IPE in 2001 and 2000.
Richard’s contributions and expertise have been recognized by respected publications such as The Sunday Times, BusinessInsider, Yahoo Finance, BusinessNews.org.uk, Master Investor, Wealth Briefing, iNews, and The FT, among many others.
Under Richard’s leadership, the Good Money Guide has evolved into a valuable destination for comprehensive information and expert guidance, specialising in trading, investment, and currency exchange. His commitment to delivering high-quality insights has solidified the Good Money Guide’s standing as a well-respected resource for both customers and industry colleagues.
To contact Richard, please see his Invesdaq profile.
