The basic process: Robinhood sends the money, your bank receives it
To move money from Robinhood to your bank account, you initiate a withdrawal through the Robinhood app or website, and Robinhood transfers the funds to the bank account you have linked to your Robinhood account. The money arrives in your bank account as a regular deposit — your bank does not need to do anything on its end. The whole process usually takes three to five business days, though it can take longer depending on your bank.
You can only withdraw to a bank account that you have already linked to Robinhood and verified. Robinhood does not send money to third-party accounts, PayPal, or other investment platforms. If you want to move money to a different bank account, you will need to link that account first.
Key Takeaways
- You can only withdraw to a bank account you have already linked and verified in your Robinhood account.
- Withdrawals take three to five business days to arrive, though some banks process them more slowly.
- You must have unsettled cash or settled funds available — money tied up in stocks or options cannot be withdrawn until it settles.
- Robinhood charges no fee for withdrawals, but your bank may charge a fee for receiving an incoming transfer.
Linking your bank account to Robinhood before you withdraw
Before you can withdraw, your bank account must be linked to Robinhood and verified. If you opened your Robinhood account by linking a bank account, it is already linked. If you funded Robinhood through another method — a wire transfer, a check deposit, or a transfer from another brokerage — you will need to add your bank account first.
To link a bank account, open the Robinhood app, go to Account, then Transfers, then Link a Bank Account. Enter your bank's name, your account number, and your routing number. Robinhood will send two small test deposits to your bank account (usually $0.01 and $0.02). Your bank will show these deposits in your account within one to two business days. You then return to Robinhood and confirm the amounts of the two deposits. This verification step proves you own the bank account.
Once your bank account is verified, you can withdraw to it when ready. You do not need to verify it again.
What money you can actually withdraw
Not all the money in your Robinhood account is available to withdraw right now. You can only withdraw settled cash — money that has been in your account for at least two business days and is not tied up in any trade. Money from a deposit you made today, or from a stock you sold today, is not settled yet and cannot be withdrawn.
If you sold a stock, the sale itself completes when ready, but the cash from that sale takes two business days to settle. During those two days, you can use the cash to buy other stocks (Robinhood lets you do this), but you cannot withdraw it. Once two business days have passed since the sale, the cash is settled and you can withdraw it.
If you have unsettled cash and you try to withdraw, Robinhood will show you only the amount you can actually withdraw. The app will not let you withdraw more than that.
The step-by-step withdrawal process
Open the Robinhood app and tap Account at the bottom right. Tap Transfers. Tap Transfer to Your Bank. Choose the bank account you want the money to go to (if you have linked more than one). Enter the amount you want to withdraw. Robinhood will show you how much settled cash you have available. Tap Review, then confirm the withdrawal.
You will see a confirmation screen with the amount, the bank account it is going to, and an estimated arrival date. The money will arrive in your bank account within three to five business days. Some banks process incoming transfers more slowly, so it may take longer. You can check the status of your withdrawal in the Transfers section of the app.
Once you confirm the withdrawal, you cannot cancel it through the app. If you need to stop it, contact Robinhood support when ready — they may be able to cancel it if it has not yet left their system, but once it has been sent to your bank, only your bank can stop it.
Why your withdrawal might be delayed or rejected
The most common reason a withdrawal is delayed is that your bank is processing it slowly. Some banks take longer than others, especially if the transfer arrives on a weekend or holiday. Your bank will not process transfers on weekends or federal holidays, so a withdrawal initiated on Friday may not arrive until Tuesday or Wednesday.
A withdrawal can be rejected if the bank account information you provided is incorrect — a wrong account number or routing number. If this happens, Robinhood will return the money to your Robinhood account, usually within five to ten business days. Check the account number and routing number on your bank statements or your bank's website, then try the withdrawal again with the correct information.
If you have linked a bank account but it has not been verified yet, you cannot withdraw to it. You must complete the verification step (confirming the two test deposits) first.
Fees and what they cost you
Robinhood does not charge a fee to withdraw money to your bank account. However, your bank may charge a fee for receiving an incoming transfer, depending on your account type and your bank's policies. This is rare, but it happens with some banks and some account types. Check your bank's fee schedule or contact your bank to learn about they charge for incoming transfers.
The fee, if there is one, will be deducted from your bank account after the transfer arrives, not from the amount you withdraw from Robinhood. So if you withdraw $500 and your bank charges a $3 fee, you will see $500 arrive in your account, then $3 will be deducted a day or two later.
Transferring to a different bank account than the one you linked
If you want to move money to a bank account other than the one you linked to Robinhood, you have two options. The first is to link the new bank account to Robinhood, verify it, and then withdraw to it. This takes one to two business days for verification, then three to five business days for the withdrawal itself.
The second option is to withdraw to the bank account you have already linked, then transfer the money from there to your other bank account using your bank's own transfer tools. This takes longer overall — three to five days for Robinhood to send it, then one to three days for your bank to send it to the other account — but it works if you need to move money quickly and do not want to wait for verification.
Frequently Asked Questions
How long does it really take for the money to show up?
Robinhood says three to five business days, and that is usually accurate. Weekends and federal holidays do not count as business days, so a withdrawal initiated on Friday may not arrive until Wednesday. Some banks are slower — if your bank is small or regional, it may take up to seven business days. You can check the status in the Transfers section of the app.
Can I withdraw if I have unsettled funds from a deposit?
Yes, but only the settled portion. If you deposited $1,000 today and it has not settled yet, you cannot withdraw that $1,000. If you had $500 in settled cash before the deposit, you can withdraw that $500. Once the deposit settles (two business days), the full $1,500 becomes available.
What happens if I give Robinhood the wrong bank account number?
The withdrawal will be rejected and the money will return to your Robinhood account within five to ten business days. Check your bank statements or call your bank to confirm your correct account number and routing number, then try again.
Can I withdraw money that is currently invested in stocks?
No. You must sell the stocks first. Once you sell, the cash takes two business days to settle. After it settles, you can withdraw it. You cannot withdraw while the money is still in stocks.
Does Robinhood charge me to withdraw?
Robinhood does not charge a withdrawal fee. Your bank may charge a fee for receiving an incoming transfer, but this is uncommon. Check your bank's fee schedule to be sure.