Deposit money into your Robinhood account

To transfer money into your Robinhood account from an external UK bank account in the app or on the web:

1. Select Account (person icon)→ in the app, Menu (3 bars)
2. Select Transfer → Deposit Money
3. Enter the amount to deposit in British Pound Sterling (GBP)
4. Review and confirm the amount, any applicable fees, and the bank

You can see your transfer history, pending transfers, and their estimated landing date in Account → in the app, Menu (3 bars) → History.

The following are your deposit limits:

• A maximum of 1 pending deposit at a time
• A maximum of 5 deposit attempts each day
• £100,000 deposit for a transaction
• £0.01 minimum transfer amount for each transaction

You’ll typically get access to your deposits immediately for use in your Robinhood account. Keep in mind, transfers can take up to 2 business days to process and be available to withdraw.

You can submit deposits any time. As soon as you initiate a deposit, the money is transferred immediately from your bank account. The deposit will then show as pending until processed. All deposits made during business days are processed immediately. The transfer window for business days starts at 10 PM GMT (5 PM ET) on Sunday through Friday at 9:45 PM GMT (4:45 PM ET).

Because of foreign exchange (FX) hours, any weekend deposits made outside the transfer window are processed as follows:

• Received by Robinhood as GBP until they are converted to USD on Sunday at 10 PM GMT by using the last available FX rate received before 9:45 PM GMT on Friday.
• Show as pending until processed inside the transfer window.
• Are protected by Robinhood during and after being processed.

During your Robinhood account application process, you can queue a deposit. This queued deposit will only be submitted to your bank for processing when your application is approved.

This queued deposit will expire and automatically be canceled if not processed within 7 days.

Robinhood U.K. Ltd (Robinhood UK) is authorised and regulated by the Financial Conduct Authority (FRN: 823590). Robinhood UK onboards UK customers and has the lead customer relationship with UK customers in relation to their use of the Robinhood UK app and website. Robinhood UK introduces UK customers to Robinhood Securities, LLC for order routing, execution, clearing, settlement, arranging custody services and margin lending to eligible UK customers with margin accounts. Robinhood Securities, LLC is regulated in the US by the SEC and FINRA. Robinhood UK and Robinhood Securities, LLC are subsidiaries of Robinhood Markets, Inc.