Deposit money into your Robinhood account

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

Select Account (person icon)→ in the app, Menu (3 bars)
Select Transfers → Deposit Money
Select Singapore dollar (FAST or wire transfer)
Select FAST transfer
Copy your unique funding details
Open your bank app and initiate a FAST transfer using your funding details

Note

Deposits must be initiated from your bank app using the beneficiary account number provided in your Robinhood account. We don't support deposits initiated from within the Robinhood app directly. For wire transfer deposits, review Wire transfers.

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

Keep in mind

We don’t accept mailed cheque deposits.
We don’t accept deposits from jointly held accounts or business accounts.

Deposit timelines

You'll typically get access to your deposit within minutes for use in your Robinhood account.

Conversion timelines

Keep in mind that all trades are executed in USD, but you can control how to manage the uninvested cash in your account. You can keep your uninvested cash in SGD or USD and only need to convert when required. The FX exchange rate is shown when converting SGD to USD or vice versa.

Currency conversions will occur nearly instantaneously, in real time while the FX markets are open on business days from Monday 6 AM SGT (5 PM ET Sunday) through Saturday 6 AM SGT (5 PM ET Friday). During US daylight saving time (March–November), markets open and close one hour earlier at 5 AM SGT.

Trades placed outside of these hours or on US holidays (except Christmas and New Year's Day, when FX markets are fully closed) are subject to a higher 0.3% conversion fee.

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Still have questions? Contact Robinhood Support