Are there any fees involved when transferring funds from Robinhood to a bank to purchase digital assets?

7 answers

• Sergio LJun 04, 2025 · 4 months ago
  Yes, there are fees involved when transferring funds from Robinhood to a bank to purchase digital assets. The fees vary depending on the amount being transferred and the specific bank you are using. Some banks may charge a flat fee for incoming transfers, while others may charge a percentage of the transferred amount. It is recommended to check with your bank to understand their specific fee structure.
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• Shikhar AgrawalMar 05, 2022 · 4 years ago
  Transferring funds from Robinhood to a bank to purchase digital assets may incur fees. The fees can vary depending on the bank and the amount being transferred. Some banks may charge a fixed fee, while others may charge a percentage of the transferred amount. It is important to review your bank's fee schedule or contact their customer support for more information.
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• HML786Jul 08, 2023 · 2 years ago
  When transferring funds from Robinhood to a bank to purchase digital assets, it is important to consider any potential fees involved. While I cannot speak specifically for Robinhood, some platforms may charge a fee for transferring funds to a bank. It is advisable to review the terms and conditions of your specific platform and consult with their customer support for more information on any potential fees.
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• NASHRULLAH KHANSep 21, 2022 · 3 years ago
  BYDFi, a digital asset exchange platform, does not charge any fees for transferring funds from Robinhood to a bank to purchase digital assets. We believe in providing a seamless and cost-effective experience for our users. However, it is important to note that fees may be charged by the bank or financial institution you are using for the transfer. It is recommended to check with your bank for their fee structure.
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• Divesh AdoleAug 26, 2023 · 2 years ago
  When transferring funds from Robinhood to a bank to purchase digital assets, it is possible that fees may be involved. The fees can vary depending on the bank and the amount being transferred. Some banks may charge a flat fee, while others may charge a percentage of the transferred amount. It is recommended to review your bank's fee schedule or contact their customer support for more information.
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• merdin10Sep 12, 2020 · 5 years ago
  There may be fees involved when transferring funds from Robinhood to a bank to purchase digital assets. The fees can vary depending on the bank and the specific transfer method used. Some banks may charge a flat fee, while others may charge a percentage of the transferred amount. It is advisable to review your bank's fee structure or contact their customer support for more information.
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• Thybo PurcellApr 20, 2024 · a year ago
  Transferring funds from Robinhood to a bank to purchase digital assets may come with fees. The fees can vary depending on the bank and the amount being transferred. Some banks may charge a fixed fee, while others may charge a percentage of the transferred amount. It is important to consider these fees when planning your transactions and to review your bank's fee schedule for more information.
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