The basic process: link your bank, request a withdrawal, wait for the transfer
To move money from Robinhood to your bank account, you link your bank through Robinhood's app or website, then request a withdrawal. Robinhood sends the money to your bank using ACH transfer, which is an electronic bank-to-bank movement that takes one to three business days. You do not need to call anyone or fill out forms outside the app — the whole thing happens inside Robinhood.
The money you can withdraw is only what you have in cash in your Robinhood account. If you have stocks, crypto, or options, you must sell them first and wait for the sale to settle before that money is available to move. Unsettled funds (money from a recent sale that has not yet cleared) cannot be withdrawn until settlement is complete.
Robinhood does not charge a fee to withdraw to your bank account. Your bank may charge a fee for receiving an incoming ACH transfer, though most do not — check your bank's fee schedule if you are unsure.
Key Takeaways
- Link your bank account to Robinhood through the app settings, and Robinhood will verify it with two small test deposits before you can withdraw.
- Only cash sitting in your Robinhood account can be withdrawn; stocks and crypto must be sold first, and the sale must settle before the cash is available.
- ACH transfers take one to three business days, and weekends and holidays do not count as business days.
- Robinhood charges no withdrawal fee, but confirm with your bank that they do not charge incoming ACH fees.
How to link your bank account to Robinhood
Open the Robinhood app or go to robinhood.com and log in. Tap the account icon (usually in the bottom right on mobile, or the menu on desktop), then select "Account" or "Settings." Look for "Linked Banks" or "Bank Accounts" and tap "Add a Bank Account."
Enter your bank's name, your account number, and your routing number. Robinhood will ask whether the account is checking or savings. If you are unsure of your routing number, your bank's website has it, or you can find it on a check you have written.
After you submit, Robinhood sends two small deposits (usually under $1 each) to your bank account within one to two business days. Log back into Robinhood and confirm the amounts of those deposits. Once you confirm, your bank is linked and you can withdraw.
If Robinhood cannot verify your bank after three attempts, you will need to contact Robinhood support. Keep the confirmation emails from your bank showing the deposit amounts — support may ask for them.
Requesting a withdrawal and how long it takes
Once your bank is linked, go to the "Account" or "Transfers" section in Robinhood and select "Withdraw." Choose the linked bank account, enter the amount you want to move, and confirm. Robinhood will show you the expected arrival date based on when you are submitting.
The transfer uses ACH, which takes one to three business days. If you request a withdrawal on a Friday after market close, it will not begin processing until Monday, and will likely arrive Wednesday or Thursday. If you request it on a Monday morning, it may arrive Wednesday or Thursday. Weekends, federal holidays, and bank holidays do not count as business days.
Once Robinhood sends the transfer, you cannot cancel it through the app. If you need to stop it, contact Robinhood support immediately — they may be able to recall it if your bank has not yet received it, but this is not may provide.
What to do if cash is not available to withdraw
If you see a message that your cash is unavailable or that you have insufficient funds, the most common reason is that you have unsettled funds. When you sell a stock or crypto on Robinhood, the sale settles two business days later (for stocks) or one business day later (for crypto). Until settlement, that money is not available to withdraw.
Check your "Cash" or "Buying Power" balance in the app. If it shows a lower number than you expected, tap into the details to see what is pending. Wait for the settlement date to pass, then try the withdrawal again.
Another reason cash may be unavailable is if you have a pending deposit to Robinhood. Money you have transferred into Robinhood from your bank takes one to three business days to arrive and settle. Until it settles, you cannot withdraw it back out.
Withdrawing from a Robinhood retirement account (IRA)
If your money is in a Robinhood IRA (either traditional or Roth), you cannot simply withdraw it to your bank account the way you can with a regular brokerage account. IRAs have withdrawal rules set by the IRS, and early withdrawals may trigger taxes and penalties.
To move money out of a Robinhood IRA, you have two options: take a withdrawal (which may be taxed and penalized if you are under 59½), or roll the account to another IRA provider. A rollover moves the money tax-free and penalty-free, but it must go to another IRA, not to your personal bank account.
Contact Robinhood support if you want to explore either option. They can walk you through the withdrawal process or provide the paperwork needed for a rollover to another bank or brokerage.
What happens if the transfer fails or does not arrive
If Robinhood initiates the transfer but your bank rejects it, Robinhood will send the money back to your Robinhood account. This usually happens because the account number or routing number was entered incorrectly, or because your bank flagged the transfer as suspicious.
Check your Robinhood account to confirm the money returned. If it did not, contact Robinhood support with the date and amount of the failed transfer. They can tell you whether the transfer was rejected and why.
If the transfer was sent but has not arrived after three business days, log into your bank account and check whether it shows as pending or if there is a note about a rejected transfer. If you see nothing, contact your bank's customer service with the transfer date and amount. Your bank can trace the ACH transfer and tell you where it is.
Frequently Asked Questions
Can I withdraw money the same day I sell a stock?
No. Stocks take two business days to settle after you sell them. Crypto takes one business day. Until settlement is complete, the cash from the sale is not available to withdraw. If you sell on a Monday, the cash is available to withdraw on Wednesday at the earliest.
What if I enter the wrong bank account number?
Robinhood will verify your bank account with two test deposits before you can withdraw. If the account number is wrong, the deposits will fail and you will not be able to link that account. You can then add the correct account and try again.
Can I withdraw to a bank account that is not in my name?
No. The bank account must be in your name or in your name jointly with another person. Robinhood's verification process will reject accounts that do not match the name on your Robinhood account.
Is there a limit to how much I can withdraw at once?
Robinhood does not publish a single withdrawal limit, but your bank may have limits on incoming ACH transfers. Check with your bank about their ACH deposit limits. Most banks allow at least $10,000 per day.
What if Robinhood closes my account while money is in transfer?
If a withdrawal is already in progress when your account is closed, the transfer will still complete to your linked bank account. Contact Robinhood support immediately if your account is closed to confirm the status of any pending transfers.