How to prevent bank transfer reversals

Transfer reversals are no fun, so we want to help make sure your funds make it into your account.

An ACH reversal can happen when a scheduled transfer gets canceled. Reversals can happen for a number reasons, including:

• Insufficient funds
• Wrong bank account type (doesn’t support ACH transactions)
• Duplicate transaction
• Declined transfer

To prevent reversals, we recommend confirming the following about your bank account before initiating transfers to Robinhood:

• Has sufficient funds available for at least 5 business days after the transfer request because it might take time for your bank to process the request
• Is compatible with standard outgoing ACH transfers, and that you’ve entered in the correct information when you linked the account
• Avoid savings accounts with limited monthly transactions (including any microdeposits to link an account)

If a transfer into Robinhood is reversed, we’ll send you a notification email. With reversals, any Instant Deposit received with the transfer will be removed from your Robinhood account balance.

For some reversals, we might also unlink your bank account. Check out Link your accounts for details on how to relink your bank account.