How to Transfer +1 (747)-205-0398 Money from Robinhood to Your Bank? Quick guide to transfer Money f
Transferring money from your investment account back to your bank is a simple process when you know the right steps. If you’re using Robinhood, you can quickly move your available funds to a linked bank account directly through the app or website. Whether you’ve sold stocks, options, or just want to withdraw unused cash, it’s important to understand how withdrawable funds work, how long transfers take, and what requirements must be met before initiating a withdrawal.
The step-by-step guide below will walk you through everything you need to know to safely and efficiently transfer money from Robinhood to your bank account.
How to Transfer Money from Robinhood to Your Bank
Step 1: Make Sure Your Funds Are Available
Before transferring:
Ensure you’ve sold any stocks or crypto (if needed).
Wait for funds to settle:
Stocks/ETFs: Typically T+1 (1 business day after selling).
Options: Usually 1 business day.
Confirm your cash shows as “Withdrawable Cash.”
You can check this in:
Account → Transfers → Withdrawable Cash
Step 2: Open the Robinhood App
Log in to the Robinhood app (or website).
Tap the Account icon (bottom right on mobile).
Step 3: Go to Transfers
Select Menu (☰) or Account.
Tap Transfers.
Choose Transfer to Your Bank.
Step 4: Enter Transfer Details
Select your linked bank account.
If you haven’t linked one:
Go to Transfers → Linked Accounts → Add Account
Connect via Plaid or enter bank details manually.
Enter the amount you want to withdraw.
Review the details.
Tap Submit or Confirm.
Step 5: Wait for Processing
Transfers typically take 1–3 business days.
You’ll receive a confirmation notification.
You can track the status in:
Account → Transfers → History
Important Things to Know
Withdrawal Limits
Maximum: $50,000 per business day
Up to 5 withdrawals per business day
Deposit Holding Period
If you recently deposited money into Robinhood:
It may take up to 5 business days before you can withdraw it.
Common Reasons Transfers Fail
Insufficient withdrawable cash
Unsettled trades
Bank account mismatch (name must match your Robinhood account)
Pending deposits
Comments
Transferring money from Robinhood to your bank is done directly inside the app. First make sure your funds are settled and show as withdrawable cash. After that open the app, go to Account, tap Transfers, choose Transfer to your bank, enter the amount, and confirm. If your bank is already linked the transfer usually takes one to three business days.