Wire transfers

You can wire transfer an unlimited amount of money into your Robinhood investing account typically within 1 business day with no incoming wire fees from us. You may also have the option to wire transfer out to your bank account for a fee.

Wire transfers are typically faster than automated clearing house (ACH) transfers.

To wire money into your investing account:

1. Go to Account (person icon)→ Menu (3 bars) or Settings
2. Select Transfer
3. Select Send a wire transfer → From your bank
4. Give your bank or institution the provided on-screen wire instructions

To wire money to your bank account:

1. Select Account (person icon) → Menu (3 bars) or Settings
2. Select Transfers
3. Select Send a wire transfer → To your bank
4. Choose your bank or institution to send the wire to
5. Enter the account and wire routing numbers → Continue
6. Review your wire transfer and select Transfer

For a smooth transfer process, it's important to leave the funds in your Robinhood account until the transfer is fully complete.

Your incoming transfer should arrive same day if your bank initiates it before 4 PM ET and the next business day if your bank initiates it after 4 PM ET.

Outgoing wires typically process within 1 business day.

However, if your wire requires additional review, please allow time for our team to investigate and give you an update.

Once a wire is sent, it can’t be canceled because it’s sent directly from the bank to Robinhood. However, if the sending bank hasn’t sent the funds yet, you may be able to contact them and ask them to cancel the transfer. The same goes for outgoing wire transfers —— once initiated, they can't be canceled.

We currently don't support the following types of wire transfers:

• Outgoing wire transfers through the app
• Wire transfers in or out of your Retirement or Spending accounts
• International wire transfers
• Wires out to accounts owned by third parties
• Wires between accounts you own at Robinhood (you can initiate internal transfers between accounts instead)

We may be able to process an outgoing wire request manually. Contact us to request help with a supported outgoing wire.

Robinhood doesn’t limit how much you can wire and we don’t charge any fees for incoming wire transfers. Keep in mind that banks typically do charge for wire transfers and there’s a $25 fee for outgoing wires.