# Opening account with IBKR, do you fund it before their review?(account pending))

**URL:** https://forum.mustachianpost.com/t/opening-account-with-ibkr-do-you-fund-it-before-their-review-account-pending/7907
**Category:** Investing / Brokers
**Created:** [February 14, 2022, 3:15pm UTC](https://forum.mustachianpost.com/t/opening-account-with-ibkr-do-you-fund-it-before-their-review-account-pending/7907 "2022-02-14T15:15:54Z")
**Posts on this page:** 4
**Page:** 1

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### Author: ![neutralname](https://forum.mustachianpost.com/letter_avatar_proxy/v4/letter/n/45deac/32.png) [@neutralname](https://forum.mustachianpost.com/u/neutralname)
#### Post date: [February 14, 2022, 3:15pm UTC](https://forum.mustachianpost.com/t/opening-account-with-ibkr-do-you-fund-it-before-their-review-account-pending/7907/1 "2022-02-14T15:15:54Z")

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Dear Mustachians

I just submitted my request to open account with IBKR and it’s under review.

They have this sentence in my status

“We review funded account applications first. If for any reason your application does not get approved, we will send your money back.”

Would you only fund it once the account is approved? or you would fund it first to accelerate the process? what is the minimum amount we could fund?

Thanks

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### Author: ![Dr.PI](https://forum.mustachianpost.com/user_avatar/forum.mustachianpost.com/dr.pi/32/5299_2.png) [@Dr.PI](https://forum.mustachianpost.com/u/Dr.PI)
#### Post date: [February 14, 2022, 3:37pm UTC](https://forum.mustachianpost.com/t/opening-account-with-ibkr-do-you-fund-it-before-their-review-account-pending/7907/2 "2022-02-14T15:37:42Z")

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Yes, they have this “interesting” policy. I funded my account before it was opened and didn’t feel bad about it. Don’t know if it speeded up processing or not.

I sent 10 CHF.

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### Author: ![San\_Francisco](https://forum.mustachianpost.com/letter_avatar_proxy/v4/letter/s/ea5d25/32.png) [@San\_Francisco](https://forum.mustachianpost.com/u/San_Francisco)
#### Post date: [February 14, 2022, 3:45pm UTC](https://forum.mustachianpost.com/t/opening-account-with-ibkr-do-you-fund-it-before-their-review-account-pending/7907/4 "2022-02-14T15:45:36Z")

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Since it’s not uncommon to make a transfer from your own account for verification purposes at financial service providers, I would fund it. Would I transfer dozens thousands of USD? No.

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### Author: ![neutralname](https://forum.mustachianpost.com/letter_avatar_proxy/v4/letter/n/45deac/32.png) [@neutralname](https://forum.mustachianpost.com/u/neutralname)
#### Post date: [February 14, 2022, 4:39pm UTC](https://forum.mustachianpost.com/t/opening-account-with-ibkr-do-you-fund-it-before-their-review-account-pending/7907/5 "2022-02-14T16:39:53Z")

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thanks everyone, I have sent 10 CHF 🙂