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How can I deposit funds into my account?

Funding Your Ironbeam Account

You can fund your Ironbeam account via Wire Transfer or ACH Bank Transfer. Here’s how each method works:

Wire Transfer – Same-Day Processing (Fastest)

Wire to: BMO Harris Bank, N.A.

Credit to: Ironbeam, Inc. Customer Segregated Funds

Account Number: 3031226

ABA Routing Number: 071-000-288

SWIFT Code (for foreign wires): HATRUS44

Bank Branch Address: 111 W Monroe St, Chicago IL, 60603

For further Credit To (Memo): Your name and Ironbeam account number, if assigned.

ACH Deposits – 3-4 Business Days

Customers can link and verify their bank accounts through the Ironbeam trading platform. Customers applying for an account are given an option to submit an ACH deposit from within the account application. Ironbeam does not accept external ACH deposits. 

ACH Funding Policy: 

To ensure secure and transparent transactions, Ironbeam has implemented the following policies for funding accounts via ACH (Automated Clearing House) transfers:

ACH Deposit Processing Time

  • ACH deposits typically take up to 3-4 business days to clear.
  • Funds will be credited to your trading account once the deposit clears.

Withdrawal Restrictions for ACH deposits

  • ACH deposits are held for 10 business days before being eligible for withdrawal.
  • Within the first 60 calendar days of the deposit, withdrawals are only available via electronic transfer.
  • Withdrawals during this 60-day period must be sent back to the same bank account that funded the ACH deposit.
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