Withdraw Money From Robinhood

Quickly initiate a withdrawal from Robinhood to your bank account.

 
iOS Android Web

To transfer your funds to your bank account on your iOS app:

  1. Tap the Account icon in the bottom right corner.
  2. Tap Transfers.
  3. Tap Transfer to Your Bank.
  4. Choose the bank account you’d like to transfer to.
  5. Enter the deposit.
  6. Tap Submit

 

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Note: You can withdraw up to $50,000 per business day from Robinhood. 

Withdrawal Rules

Settlement Period

Following a sale, your funds need to “settle” before you can withdraw them to your bank account. The settlement period is the trade date plus two trading days (T+2), sometimes referred to as regular-way settlement. On the third day, those funds will go into your buying power and will appear as withdrawable cash.

Keep In Mind

Weekends and some U.S. holidays don’t count as trading days.

Anti-Money-Laundering (AML) Withdrawal Requirements

For the first 60 days following a deposit, you can only withdraw funds to the bank account from which they were deposited.

If the original bank account is closed, we can initiate a transfer to another bank account for you, provided we receive the following information:

  • A photo of your government issued ID.
  • Bank statements showing that you're the account holder of the linked bank accounts.
  • Bank statement showing that your original bank account is closed.  
  • Amount and bank account that you would like to transfer to.

Please submit a ticket with this information and we’ll happily initiate your transfer.

 

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