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Is there a specific time frame for transferring money from Robinhood to a bank account for digital currency?

avatargodelko ツDec 17, 2021 · 3 years ago3 answers

I would like to know if there is a specific time frame for transferring money from Robinhood to a bank account when dealing with digital currency. Can you provide any information on how long the process usually takes?

Is there a specific time frame for transferring money from Robinhood to a bank account for digital currency?

3 answers

  • avatarDec 17, 2021 · 3 years ago
    Transferring money from Robinhood to a bank account for digital currency usually takes 3-5 business days. However, the exact time frame may vary depending on various factors such as the bank's processing time and any potential delays in the digital currency network. It's always a good idea to check with your bank and Robinhood for more specific information regarding the transfer process.
  • avatarDec 17, 2021 · 3 years ago
    When it comes to transferring money from Robinhood to a bank account for digital currency, the process typically takes a few business days. However, keep in mind that this is just an estimate and the actual time frame may differ. Factors such as network congestion and bank processing times can affect the speed of the transfer. It's best to consult with Robinhood or your bank for more accurate information regarding the specific time frame for your transfer.
  • avatarDec 17, 2021 · 3 years ago
    At BYDFi, the transfer of funds from Robinhood to a bank account for digital currency is usually completed within 2-3 business days. However, please note that this time frame is an estimate and may vary depending on the specific circumstances of the transfer. Factors such as network congestion and bank processing times can impact the overall duration of the transfer. It's recommended to reach out to Robinhood or your bank for more precise information regarding the time frame for your particular transfer.