How to Deposit or Withdraw funds from IG?
Entry posted by ArvinIG in Information
1,586 views
Dear IG Community !
We would like to provide you with information on Payments on your IG Platform.
Please find below general information on the different payment methods that IG accepts for deposits and withdrawals.
All this information are available on My IG > Live accounts > Deposit/Withdraw funds
⚠️
- Please keep in mind that for Anti-Money Laundering purposes if you are using different methods to deposit and withdraw funds you may need to verify you card/ bank account.
- All time frames are in business days, weekends and public holiday may delay a payment.
- For further information reach out to our Helpdesk.
For UK (more details here) :
|
Methods |
Deposits |
Withdrawals* |
|
Cards |
Execution Time: Immediate
Cost : Minimum: £250
|
Execution Time: 3-5 business day Cost : Free
|
|
Bank transfer |
Execution Time : 1-3 business day Cost : Free |
Execution Time: 1-3 business day Other : Same-day sterling payment (CHAPS): £15 (Over £100 is free of charge)
|
|
PayPal |
Execution Time: Immediate Cost : Free Minimum : £250 (Supported currencies: GBP, USD, EUR, SGD, AUD, CAD, CHF, DKK, HKD, JPY, NOK, SEK, SGD) |
Execution Time: Within 1 business day Cost : Free
|
*If you are withdrawing with a different method that you deposited your funds with, you may be asked to verify your deposit made to IG. To do so, please send a Bank Statement showing your Bank name and logo, your name and address and the transaction showing the deposit made to IG. You can upload that document on My IG > Live accounts > Verification
For Australia (more details here) :
|
Methods |
Deposits |
Withdrawals |
|
Cards |
Execution Time: Immediate
Cost : Minimum: A$450 |
Execution Time: 3-5 business day Cost : Free
|
|
Bank transfer |
Execution Time : 1-3 business day
|
Execution Time: 1-3 business day Other : Same day bank transfers in Australia incur a A$15 charge (If requested before 11am (AEST).Minimum withdrawal of A$2000.For A$ withdrawals to Australian bank accounts only)
|
|
BPay* |
Execution Time : 1-2 Business days Cost : Free Minimum: A$10
|
Bank withdrawal Cost : Free |
|
PayPal |
Execution Time: Immediate Cost : 1% charge. Minimum : A$450 (Supported currencies: AUD, USD, HKD, GBP, EUR) |
Execution Time: Within 1 business day Cost : Free
|
*As BPay payments are encrypted you may be asked to verify your deposit in order to withdraw your funds. Please send a Bank Statement showing your Bank name and logo, your name and address and the transaction showing the deposit made to IG. You can upload that document on My IG > Live accounts > Verification
We hope that you find this information useful. If you have any question, please feel free to ask on this post in the comment section ( feel free to tag @ArvinIG, @AndaIG or @MongiIG)
All the best - Arvin
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