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IBKR opened my account after requiring only bank statement from the account I'm intending to fund the account. No source of wealth/origin of funds check. Is that common? or further check is going to come later on?
IBKR opened my account after requiring only bank statement from the account I'm intending to fund the account. No source of wealth/origin of funds check. Is that common? or further check is going to come later on?
you still indicated how much you have.
Eventually they will ask you later which they do often. Just make sure it matches. So dont indicate total wealth 100k and then deposit 1M.
you still indicated how much you have.
Eventually they will ask you later which they do often. Just make sure it matches. So dont indicate total wealth 100k and then deposit 1M.
Really? So if I tell them I got 10M, and just deposit 1Ms from accounts in my name (and if I remember correctly, one could even deposit crypto at some point), they won't ask any SOF/SOW questions?
Sorry for the stupid questions, I haven't used IB since the COVID crash, but it might be of use in the future, one never knows. Loved their low margin interest rates (and they were actually the very reason my account got decimated during the crash).
Really? So if I tell them I got 10M, and just deposit 1Ms from accounts in my name (and if I remember correctly, one could even deposit crypto at some point), they won't ask any SOF/SOW questions?
Sorry for the stupid questions, I haven't used IB since the COVID crash, but it might be of use in the future, one never knows. Loved their low margin interest rates (and they were actually the very reason my account got decimated during the crash).
Really? So if I tell them I got 10M, and just deposit 1Ms from accounts in my name (and if I remember correctly, one could even deposit crypto at some point), they won't ask any SOF/SOW questions?