Why is transferred money unavailable?

Your money might be unavailable for a few reasons, including:

• A transfer failed because of an issue with your bank account. The money from that deposit won’t be available in your brokerage account.
• A pending deposit failed due to a one-time system error. This won’t result in any fees or restrictions. If this happens, you can start a new transfer at any time.
• An exchange conversion error will cause a transfer to fail. If this occurs, you’ll need to start a new transfer.

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.