How to Transfer Money from Robinhood to Bank (Complete 2026 Step Guide)

If you've ever asked yourself, "What is the process for transferring money from my Robinhood account to my bank account?", you are not the only one. A lot of Robinhood users seek a straightforward guide on how to move funds, covering fees, timing, and ways to prevent common errors.

Understanding the Process of Transferring Funds from Robinhood

When you sell assets or gather cash in Robinhood, that money doesn’t instantly go into your bank account — you need to make a manual withdrawal from your Robinhood account and direct it to an associated bank account. This involves selecting a withdrawal method, verifying the amount, and waiting for both the banks and Robinhood to complete the transfer.

Step-by-Step Instructions: Moving Funds from Robinhood to Your Bank

Every beginner asks How to Transfer Money from Robinhood to Bank? Whether you're utilizing the mobile app or the website, the procedure is quite alike:

A. Utilizing the Robinhood Mobile App

Launch the Robinhood app and select the Account icon (outline of a person).

Select Menu → Transfers → Withdraw.

Input the amount you wish to transfer.

Choose the linked bank account that will receive the funds.

If eligible, you will see options for Instant transfer (for quicker delivery).

Check any applicable fees and confirm the withdrawal.

B. Using Robinhood via Desktop

Sign in to your Robinhood account online.

Click on Account → Transfers → Transfer money.

Input your amount and select your bank.

Decide on your transfer type (standard or instant) and confirm.

Do You Need to Associate a Bank Account First?

Indeed — prior to transferring money, you need to associate and authenticate a bank account within Robinhood:

Navigate to Transfers → Linked Accounts.

Select your bank using Plaid (for immediate verification) or manually input your routing and account numbers as necessary.

At times, Robinhood sends small test deposits to verify the bank account before you can make withdrawals.

Comparison of Standard and Instant Transfers: Speed and Cost

Standard Bank Transfer (ACH)

Cost: No charge.

Time: Usually takes 1–5 business days for the funds to reach your bank account.

Best suited for: Most users looking for free and dependable transfers.

Instant Transfer

Cost: Approximately 1.75% fee (minimum $1, maximum $150).

Time: Can be as quick as minutes if you qualify.

Limits: Daily limits are imposed, and not all accounts meet the criteria.

Instant transfers are beneficial when you need funds urgently — but they incur a cost. Standard ACH is without charge and suitable for most withdrawals.

Reasons Your Transfer Might Face Delays

Here are the primary reasons why you might be unable to transfer immediately:

1. Funds Are Not "Settled"

After you sell stocks or cryptocurrency, your funds might take 1–2 business days to settle before they can be withdrawn.

2. Bank Account Not Verified

Your bank account needs to be fully verified before you can make withdrawals via Robinhood.

3. Withdrawal Restrictions or Holds

Robinhood may impose limits on the amount you can transfer daily or examine accounts for security purposes.

Fees and Limits You Should Be Aware Of

Feature Details

Standard ACH Fee Free

Instant Transfer Fee Approximately 1.75% (minimum $1, maximum $150)

Standard Daily Limit Up to $250k or more based on account type

Instant Transfer Limit Lower, dependent on qualification

Pro tip: Free transfers typically feature high daily limits, which usually suffice for the average user. For urgent cash needs, instant transfers are available but come at an additional cost.

Best Practices for Seamless Withdrawals

Always withdraw funds that are settled rather than those that are unsettled.

Verify your bank account information prior to finalizing the transaction.

Consider potential delays during weekends or holidays, as banks do not handle transfers during those times.

If a transfer does not go through, reach out to Robinhood Support for assistance.

Final Thoughts

Transferring funds from Robinhood to your bank is an easy task once you grasp the necessary steps and requirements. Most individuals will opt for a standard ACH transfer due to its zero cost and dependability, although instant transfers may be beneficial when time is of the essence.

By adhering to the outlined steps and being aware of timing and associated fees, you can ensure smooth withdrawals without unexpected issues—whether you're cashing in on profits or reallocating cash for different objectives.