The basic process: withdraw from Robinhood, wait for the transfer
To move money from Robinhood to your bank account, you initiate a withdrawal through the Robinhood app or website, select your linked bank account as the destination, and the money arrives in 1 to 3 business days. Robinhood does not charge a fee for this transfer. The money must be in cash in your Robinhood account—you cannot withdraw while funds are tied up in stocks, crypto, or options positions.
The timeline depends on your bank. Most banks post the transfer within one business day of Robinhood sending it, but some take the full three days. Weekends and bank holidays extend the wait. If you initiated the transfer on a Friday afternoon, expect the money to land on Tuesday or Wednesday.
Key Takeaways
- You must have a bank account linked to Robinhood before you can withdraw; this takes one business day to verify.
- Only cash available in your Robinhood account can be withdrawn—selling stocks or crypto first may be necessary.
- Robinhood charges no fee, but the transfer takes 1 to 3 business days depending on your bank's processing speed.
- If you have a margin account or unsettled trades, some or all of your cash may be held and unavailable for withdrawal.
Link your bank account to Robinhood first
Before you can withdraw, Robinhood must have your bank account on file. Open the Robinhood app, go to Account, select Transfers, and choose Link a Bank Account. Enter your bank's routing number and your account number (both appear on a check or in your bank's online portal). Robinhood will verify the account by sending two small deposits—usually $0.01 and $0.02—to your bank within one business day.
Check your bank account for these deposits and return to Robinhood to confirm the amounts. Once verified, the account is linked and ready for withdrawals. If you already have a bank account linked from when you opened your Robinhood account, you can skip this step and use that account for your withdrawal.
Sell holdings if your cash balance is too low
Robinhood only lets you withdraw cash that is actually available in your account. If most of your money is in stocks, crypto, or options, you must sell those positions first. Open each position, tap Sell, choose how many shares or the full amount, and confirm. The sale executes at the current market price during market hours (9:30 a.m. to 4 p.m. Eastern on weekdays for stocks).
After the sale, the cash lands in your Robinhood account immediately, but it is subject to a settlement period. Stock sales settle in two business days; crypto sales settle instantly. During the settlement period, the cash counts toward your account balance but may not be withdrawable if you have a margin account. Check your Available to Withdraw balance in the Account section to see exactly how much you can move to your bank.
Initiate the withdrawal in the app or on the website
Go to Account, select Transfers, and tap Withdraw. Choose the linked bank account you want the money to go to. Enter the amount you want to transfer—Robinhood will show you the maximum available. Review the details and confirm. Robinhood will display an estimated arrival date, usually 1 to 3 business days out.
You will receive a confirmation in the app and an email from Robinhood. The withdrawal is now in progress. You cannot cancel it after you confirm, so double-check the amount and destination bank account before you tap the final button.
What happens if the transfer is delayed or fails
If the money does not arrive within the stated timeframe, check your Robinhood account first. Go to Account, select Transfers, and look for the withdrawal in your history. The status will show Pending, In Transit, or Completed. If it shows Completed but the money is not in your bank, contact your bank directly—the delay is on their end, not Robinhood's.
A transfer can fail if your bank account was closed, if the routing or account number changed, or if your bank rejected the incoming transfer for fraud reasons. Robinhood will send you a notification if the transfer fails and will return the money to your Robinhood account. You can then try again with corrected bank details or contact Robinhood support to troubleshoot.
Margin accounts and unsettled trades hold your cash
If you have a Robinhood margin account, some of your cash may be reserved as collateral for margin borrowing. Your Available to Withdraw balance will be lower than your total cash balance. You can only withdraw the amount shown as available. If you want to withdraw more, you must either pay down your margin debt or wait for unsettled trades to settle.
Unsettled trades also lock up cash temporarily. If you sold stocks today, that cash will not be fully available for withdrawal until the sale settles in two business days. Robinhood shows you the settlement date in your transaction history. Plan your withdrawal around settlement dates if you are selling to raise cash.
Frequently Asked Questions
Can I withdraw money if I have pending stock or crypto orders?
No. Pending orders hold cash in reserve until they execute or you cancel them. Cancel any open buy orders first, then check your Available to Withdraw balance. Sell orders do not block withdrawals—once the sale executes, the cash is yours to move.
What if I withdraw money and then want to buy stocks again?
The money will be gone from your Robinhood account once it lands in your bank. If you want to buy stocks again, you will need to transfer money back from your bank to Robinhood, which also takes 1 to 3 business days. Plan ahead if you trade frequently.
Does Robinhood report my withdrawal to the IRS or my bank?
Robinhood does not report individual withdrawals. Your bank may flag large transfers for anti-money-laundering reasons, but this is routine and does not affect your withdrawal. If your bank asks, explain that you are moving personal funds from a brokerage account.
Can I withdraw to a different bank account than the one I linked?
No. Robinhood only allows withdrawals to bank accounts you have already linked and verified. If you want to move money to a different bank, withdraw to your current linked account first, then transfer from there to your other bank using your bank's own transfer tools.
What if my bank account is closed after I link it but before I withdraw?
Robinhood will not know the account is closed until it tries to send the money. The transfer will fail, Robinhood will notify you, and the money will return to your Robinhood account within a few business days. Link a new active bank account and try again.