The basic process: initiate a withdrawal from Robinhood to a linked bank account

To move money from Robinhood to your bank, you log into the Robinhood app or website, go to the Account menu, select Transfers, and choose Withdraw. You then pick the bank account you want the money to go to (you must have linked it first), enter the amount, and confirm. Robinhood will send the money to your bank using the ACH network, which typically takes 1 to 3 business days.

The money does not leave Robinhood instantly. Your withdrawal request sits in a queue, and Robinhood processes it on business days only. Weekends and holidays add time. If you initiate a withdrawal on Friday evening, it will not process until Monday, and your bank will not receive it until Tuesday or Wednesday.

You can only withdraw cash that is already settled in your account. If you sold a stock today, that cash is not available to withdraw for two business days (the standard settlement period for stock sales). Robinhood will tell you how much is available to withdraw when you start the process.

Key Takeaways

  • Robinhood sends money to your bank via ACH, which takes 1 to 3 business days after Robinhood processes your request.
  • You must link a bank account to Robinhood before you can withdraw; linking itself takes 1 to 2 business days and requires micro-deposits.
  • Only cash that has settled (typically 2 business days after a sale) is available to withdraw; unsettled funds will be blocked.
  • Robinhood processes withdrawals on business days only, so Friday requests do not move until Monday.
  • If your withdrawal fails, check that your bank account is still active and that the routing and account numbers are correct.

Linking your bank account to Robinhood for the first time

Before you can withdraw, Robinhood needs to know which bank account to send money to. In the app or website, go to Account, then Transfers, then Add Bank Account. Enter your bank's name, your account number, and your routing number. Robinhood will then send two small deposits (usually under $1 each) to your bank account to verify you own it.

Your bank will show these deposits within 1 to 2 business days. Once you see them, go back to Robinhood and confirm the exact amounts. After you confirm, the account is linked and ready to use. The whole process typically takes 2 to 3 business days from start to finish.

If you already have a bank account linked to another brokerage or app, you can use the same account with Robinhood. You do not need separate bank accounts for each service. However, each service requires its own verification, so you will go through the micro-deposit step again.

What happens if your withdrawal is delayed or fails

Most withdrawals land in your bank account within 3 business days. If it has been longer, log into Robinhood and check the status of your withdrawal request. Robinhood shows whether it is pending, processing, or completed. If it shows completed but the money has not arrived at your bank, contact your bank directly—the delay is on their end, not Robinhood's.

A withdrawal can fail if your bank account has been closed, if the routing or account number is wrong, or if your bank flags the incoming transfer as suspicious. Robinhood will notify you if a withdrawal fails and will return the money to your Robinhood cash balance. You can then correct the bank account information and try again.

If your bank rejected the transfer, call your bank's customer service line and ask why. Some banks block transfers from brokerages if they do not recognize the sender. Your bank may need you to confirm the transfer is legitimate before they will accept future ones from Robinhood.

Withdrawal limits and fees

Robinhood does not charge a fee to withdraw money to your bank account. However, your bank may charge a fee if you make too many transfers in a month—this is a bank rule, not a Robinhood rule, and varies by bank. Check your bank's terms to see if there are limits on incoming ACH transfers.

Robinhood also does not set a minimum or maximum withdrawal amount, but your bank may. Some banks block transfers over a certain amount without advance notice. If you are withdrawing a large sum, contact your bank first to let them know it is coming.

If you have a margin account with Robinhood (meaning you borrowed money to buy stocks), you cannot withdraw more than your actual cash balance. Robinhood will show your available withdrawal amount clearly when you start the process.

Withdrawing from a joint or custodial account

If your Robinhood account is held jointly with another person, both account holders must consent to large withdrawals. Robinhood's rules on this vary, so check your account settings or contact Robinhood support to confirm what applies to your account type.

If your account is a custodial account (held for a minor), the custodian controls withdrawals. Money can only be sent to a bank account in the custodian's name, not the minor's. This is a legal requirement, not a Robinhood policy.

Transferring stocks instead of cash

If you want to move stocks themselves (not just the cash from selling them) to another brokerage, you need to do an ACAT transfer (Automated Customer Account Transfer), not a cash withdrawal. This is a different process. You contact the new brokerage and ask them to initiate an incoming ACAT transfer from Robinhood. The new brokerage handles most of the work, and your stocks move over in 3 to 7 business days.

Robinhood may charge a transfer fee (usually $75 to $100) if you move your account out. Some brokerages will reimburse this fee if you transfer in, so ask before you start the process.

Frequently Asked Questions

Why is my withdrawal still pending after 3 business days?

Check the withdrawal status in your Robinhood account. If it shows completed, the delay is at your bank—contact them to confirm they received it. If it still shows pending, Robinhood may be processing a high volume of requests. Wait one more business day, then contact Robinhood support if it has not moved.

Can I withdraw money the same day I sell a stock?

No. Stock sales settle in 2 business days, so the cash is not available to withdraw until then. If you sell on Monday, the cash settles Wednesday and you can withdraw it Wednesday or later. Robinhood will show you exactly how much is available to withdraw right now.

What if I enter the wrong bank account number?

Robinhood will catch most errors when you enter the account number and routing number. If an error slips through, the withdrawal will fail and the money will return to your Robinhood account within a few business days. You can then correct the account information and try again.

Does Robinhood charge a fee to withdraw to my bank?

No, Robinhood does not charge a withdrawal fee. Your bank may charge a fee if you exceed their monthly transfer limit, but that is your bank's policy, not Robinhood's. Check your bank's terms to see if there are any limits on incoming ACH transfers.

Can I withdraw to a bank account that is not in my name?

No. Robinhood requires the bank account to be in the same name as your Robinhood account. This is a compliance rule to prevent fraud and money laundering. If you need to move money to someone else, withdraw to your own bank account first, then transfer it to them from there.