Bank transfers | Robinhood

Bank transfers

Overview of SEPA

Robinhood Crypto supports SEPA bank deposits and withdrawals.

Deposits

You can deposit money from any bank that supports SEPA bank transfers. Make sure the name on your bank account matches the name on your Robinhood Crypto account.

  1. Account (person icon) → Transfers
  2. Select Deposit
  3. Copy the SEPA details exactly
  4. Select Continue
  5. Verify you copied the reference code exactly and select Yes
  6. Select Done

You can also find your SEPA bank details in Transfers.

Keep in mind

Your reference code is unique to your Robinhood Crypto account and must be included for your deposit to process. This code is used to match your deposit with your Robinhood Crypto account, so it must match exactly without any extra spaces or characters.

Withdrawals

You can withdraw to bank accounts from which completed deposits were made. After you make a deposit, the bank account you made the deposit from will be saved to your Robinhood Crypto account.

  1. Account (person icon) → Transfers
  2. Select Withdraw
  3. Enter the amount you want to withdraw
  4. Select Review
  5. Select Withdraw
  6. Select Done

To change the bank account you are sending money to, select Withdraw to after you enter the withdrawal amount. You can withdraw to any of the saved accounts listed.

Transfer limits

Deposits

You can deposit up to €250,000 every business day and should receive the deposit within 2 business days, depending on your bank. If your bank supports SEPA Instant Credit, you can deposit up to €100,000 every day and receive the money in seconds.

Withdrawals

You can withdraw up to €100,000 every business day. Withdrawals are usually available within 2 business days, depending on your bank. If your bank supports SEPA Instant Credit, your withdrawal should be available in seconds.

Saved accounts

Your bank account information is saved to your account after you have completed a deposit from that bank. You can easily withdraw money to any bank account listed as a saved account. At this time, you cannot manually add a bank account to your Robinhood Crypto account.

Buying power

Buying power is the current amount of money that is available for you to trade or withdraw. Buying power does not include any holds for pending orders or withdrawals.

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Crypto markets are highly volatile, and trading or holding crypto can lead to loss of your assets. Crypto is not legal tender, and is not backed by any government or covered by any government compensation scheme.

Cryptocurrency services are offered for eligible EU customers through an account with Robinhood Europe, UAB (company number 306377915), with its registered address at Mėsinių 5, LT-01133 Vilnius, Lithuania (“RHEC”). RHEC is registered according to the regulatory requirements of the Republic of Lithuania as a virtual currency exchange and virtual currency depository wallet operator. RHEC is supervised by the Lithuanian Financial Crime Investigation Service under the Ministry of the Interior of the Republic of Lithuania. RHEC is registered under the applicable Polish law as a virtual assets service provider (VASP) in the Register of Virtual Currency Activities maintained by the Director of the Tax Administration Chamber.

© 2024 Robinhood. All rights reserved.
Follow us on

Crypto markets are highly volatile, and trading or holding crypto can lead to loss of your assets. Crypto is not legal tender, and is not backed by any government or covered by any government compensation scheme.

Cryptocurrency services are offered for eligible EU customers through an account with Robinhood Europe, UAB (company number 306377915), with its registered address at Mėsinių 5, LT-01133 Vilnius, Lithuania (“RHEC”). RHEC is registered according to the regulatory requirements of the Republic of Lithuania as a virtual currency exchange and virtual currency depository wallet operator. RHEC is supervised by the Lithuanian Financial Crime Investigation Service under the Ministry of the Interior of the Republic of Lithuania. RHEC is registered under the applicable Polish law as a virtual assets service provider (VASP) in the Register of Virtual Currency Activities maintained by the Director of the Tax Administration Chamber.

© 2024 Robinhood. All rights reserved.