Insured Bank Deposit Sweep Program IBKR Pro Only1

Hello,

I received an offer from IBKR to sign up to Insured Bank Deposit Sweep Programm.
i read the info and googled but could not find the fees for that. Can someone help to find this info or advise what are the fees for activating this service.

 

Which IB subsidiary (or subsidiaries) offers this program? I don't think that this is available at IB US?

 

• Zinsser from Toolstation
• Albany Blue from Brewers
• Albany Grey from Brewers
• Johnstones Eggshell from Brewers
• Johnstones Matt from Brewers
• Leyland Eggshell from BQ
• Diamond Matt from BQ

https://www.advicenow.org.uk/guides/evidence-needed-sue-someone

 

UK subsidiary - interactivebrokers.co.uk.

 

Do not we have anyone from IBKR here to answer this, please?

 

It does not cost anything. I was part of it while I was at IB UK.

 

Thanks. Interesting - why would they do it for free?

 

IB US offers this, I'm using it.

 

Because the banks pay them?

 

Thanks. Then I will activate it!.