Why isn’t my full bank deposit available right away?
The instant deposit feature allows you to get up to $1,000 in your Robinhood brokerage account immediately after you initiate a transfer. The settlement time for any pending deposit balance exceeding $1,000 will take up to five business days.
Although you get instant access to funds, the ACH withdrawal could happen 1-2 business days after you initiate the transfer. Make sure you have the necessary funds in your bank account for at least two business days after you initiate the ACH transfer to prevent a transfer reversal. A transfer reversal happens when a scheduled bank transfer is canceled for insufficient funds or a variety of other reasons. Check out our guide to preventing transfer reversals to learn more.