how to transfer stocks from cash app to bank account

This guide explains how to transfer stocks from Cash App to bank account by (1) selling shares to get cash and Cash Out to your bank, or (2) moving shares via ACATS to another broker then withdrawi...

2025-09-04 03:43:00

By Emma Shah

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how to transfer stocks from cash app to bank account

Quick summary: This article explains how to transfer stocks from Cash App to bank account by converting investments to cash (selling shares and using Cash Out) or by moving shares off Cash App via ACATS to another broker and later withdrawing proceeds. It shows step-by-step instructions, timelines, fees, tax and reporting implications, common failure points, troubleshooting tips, security best practices, and related resources. Read on to learn which workflow fits your needs and how to complete each step safely.

Overview

In most common usage, how to transfer stocks from Cash App to bank account means converting your Cash App Investing holdings into withdrawable cash and sending that cash to a linked bank account. The typical, recommended workflow for most users is:

Sell your stock or fractional shares in Cash App Investing; sale proceeds post to your Cash App Balance; then use Cash Out to move funds to a linked bank account.

A secondary, related workflow is to transfer whole shares out of Cash App Investing to an external brokerage using the Automated Customer Account Transfer Service (ACATS). ACATS moves share ownership to another broker — not to a bank account. After the receiving broker completes the transfer, you can sell the transferred shares there and withdraw the resulting cash to your bank.

This article covers both workflows in depth so you can decide the best method to transfer value from Cash App investments into bank-held cash.

As of 2025-12-31, according to Cash App Help pages and Cash App Investing disclosures, the processes described below reflect the platform’s published procedures and common timelines. Always confirm current policies in the Cash App help center before initiating transfers.

Key concepts and parties involved

Cash App Investing LLC / DriveWealth: Cash App Investing operates through a clearing/carrying broker. DriveWealth commonly serves as the carrying broker for Cash App Investing accounts.
Cash App Balance: When you sell stocks in Cash App Investing, the cash typically posts to your Cash App Balance (your in-app cash ledger) rather than staying in the investing ledger.
Linked bank account / debit card: A bank account or debit card linked to your Cash App profile is required to Cash Out funds from your Cash App Balance to an external bank account.
Settlement period: Trades for U.S. securities generally settle in two business days (T+2) for equities; settlement timing affects when funds are available for withdrawal or transfer.
ACATS (Automated Customer Account Transfer Service): The standardized broker-to-broker transfer system used to move securities from one brokerage account to another.

Important distinction: Selling shares converts position to cash that can be sent to a bank. ACATS transfers move shares to another broker (not to your bank). If you want cash in your bank account, the faster and simpler route for most users is to sell shares in Cash App and Cash Out the proceeds.

Prerequisites and account setup

Before you try to transfer stocks from Cash App to bank account, verify the following:

Active Cash App account with Investing enabled and identity verification completed.
Linked bank account or eligible debit card added to your Cash App profile. Confirm routing and account numbers are correct and that the account owner name matches your Cash App account.
No account restrictions, holds, or unresolved compliance issues on your Cash App Investing or Cash App account.
For ACATS transfers: the receiving brokerage must support ACATS and accept transfers from Cash App Investing / DriveWealth. Account titles, Social Security numbers / tax ID, and account types must match between sending and receiving accounts.

If any of these prerequisites are not met, your transfer or withdrawal may be delayed or rejected.

Method A — Sell stocks in Cash App and withdraw proceeds to bank (recommended for most users)

This method answers the direct question of how to transfer stocks from Cash App to bank account by converting holdings to cash in-app and then sending that cash to your bank.

Step-by-step: Sell shares

Open Cash App and go to the Investing section (often via the Stocks tile or the Investing tab).
Select the stock or exchange-traded fund (ETF) position you want to sell. If you hold fractional shares, Cash App supports selling fractional holdings directly in-app.
Tap Sell. Choose whether to sell a specific dollar amount or the number of shares you want to sell. For fractional holdings, enter the dollar amount to sell.
Review order details (market order vs. any other available order types). Confirm the order during market hours if you want immediate execution. If you place the order outside market hours, the order will execute during the next available session.
Confirm the sale. Use your Cash App PIN, fingerprint, or Face ID as required to authenticate the transaction.

Notes:

Market hours and order routing affect execution timing and price.
Cash App may indicate whether sale proceeds will be immediately visible or subject to settlement rules.

Step-by-step: Cash Out to bank

Once your sale executes, proceeds typically post to your Cash App Balance. The app will display the new balance and any pending settlement information.
From the Cash App home screen, tap the Banking or Cash Out option (or go to the Money tab depending on the current UI).
Enter the amount you want to transfer to your linked bank account. You may transfer all or a portion of your Cash App Balance.
Choose the transfer speed: Standard (usually free, 1–3 business days) or Instant (immediate but with a fee assessed and subject to limits).
Confirm the transfer and complete any required authentication.

Timing and confirmation:

Standard Cash Out transfers generally arrive in 1–3 business days. Exact timing varies by bank and the transfer method used.
Instant Cash Out options charge a fee and deposit funds in minutes, but they are subject to limits and may not always be available.

Reminder: Selling your stocks creates a taxable event (see tax section). If you plan to withdraw cash after selling, ensure you understand the tax and holding-period consequences.

Timing, settlement, fees, and limits

Settlement: Stock sales for U.S.-listed equities typically settle in two business days (T+2). Cash App may allow you to view tentative proceeds immediately, but final settlement completes per market rules. Funds from unsettled sales may be restricted for certain moves until settlement completes.
Cash Out speeds and fees: Standard (free in many cases) vs. Instant (fee varies and is displayed before you confirm). Instant transfers may be limited in amount and frequency.
ACATS fee: Cash App charges a $75 outbound transfer fee for full account transfers processed via ACATS. This fee is typically debited from the receiving broker’s instructions or assessed as specified by Cash App/DriveWealth policies.
Limits: Cash App applies send/withdraw limits based on account verification and usage patterns. Instant Cash Out limits and debit card transfer caps can vary. Fractional-share transfer limitations apply for broker-to-broker moves.

Always check your in-app Cash App help pages for the most current fee schedule and transfer limits prior to initiating transfers.

Method B — Transfer shares to an external broker (ACATS) and then move funds to bank

This workflow is useful when you want to preserve share ownership (avoid selling), consolidate accounts, or use a different broker’s services.

When to use ACATS

Consider ACATS when you:

Want to keep whole shares and avoid realizing gains or losses by selling.
Need to consolidate holdings across brokerages for management or tax reporting.
Intend to use services, margin, or order types offered by another brokerage that Cash App Investing does not provide.

Note: ACATS transfers only move transferable, whole-share positions. Fractional shares held in Cash App Investing generally cannot be ACATS-transferred and may need to be sold or otherwise handled.

ACATS process and requirements

Contact the receiving broker you wish to move shares to and open a compatible brokerage account if you don’t already have one.
Provide the receiving broker with your Cash App Investing account details (Cash App Investing account numbers are provided in statements; Cash App’s help center describes the 17-digit account number format used by the carrying broker). The receiving broker will typically require the sending account number and your personal identifying information to initiate ACATS.
Choose between a full account transfer or a partial transfer. Full transfers usually move all eligible assets and close the sending account’s investing ledger; partial transfers let you specify which whole shares to move.
The receiving broker initiates the ACATS transfer on your behalf, communicating with DriveWealth (or the current carrying broker for Cash App Investing).
The transfer typically completes in 3–6 business days but can vary. During the process, some positions may be flagged as ineligible (fractional shares, certain new issues, or restricted securities).
After transfer completion, verify all positions and cost basis information in your receiving broker account.

Common limitations and failure causes:

Fractional shares are generally non-transferable via ACATS; they may be sold or remain in the Cash App account.
Unsettled trades or pending corporate actions can block transfers.
Mismatched account names or tax IDs between sending and receiving accounts can cause rejections.
Full transfers may close your Cash App Investing privileges or account for the transferred assets; read terms carefully.

Fee and timeline considerations:

Cash App’s outbound ACATS fee is commonly $75 for completed transfers (confirm current rates in the help center). Receiving brokers may also charge an inbound transfer fee.
Expect a multi-business-day timeline; plan for market days and bank holidays.

After ACATS completes and shares land in the receiving brokerage, you can sell those shares there and withdraw proceeds to your bank in accordance with the receiving broker’s withdrawal procedures and timing.

Tax and reporting considerations

Selling shares in Cash App: Selling is a taxable event. Realized capital gains or losses are recognized when you sell. Cash App / DriveWealth will issue tax forms (for example, IRS 1099-B in the U.S.) when required. Maintain records of trade confirmations and cost basis for accurate tax reporting.
Transferring shares via ACATS: A broker-to-broker transfer where shares are moved (not sold) is generally not a taxable event. Cost basis and holding period usually transfer with the shares to the receiving broker, but confirm that the receiving broker has imported or recorded basis and acquisition dates correctly.
Special cases: Corporate actions (splits, mergers, dividends) can complicate cost basis and reporting. Work with your receiving broker if you perform ACATS transfers across tax years.

Document retention: Keep statements and trade confirmations from Cash App and the receiving broker for tax reporting and audit support. If you receive tax documents late, contact Cash App support or DriveWealth for clarification.

Limitations, common failure points, and special cases

Fractional shares: Cash App supports buying and selling fractional shares in-app, but fractional shares cannot generally be transferred via ACATS to another broker. If you hold fractional shares and want them at another broker, you may need to sell fractional portions and transfer proceeds, or consolidate into whole shares if eligible.
Unsettled trades: Pending or unsettled orders typically prevent transfers. Wait for T+2 settlement (or longer for special situations) before attempting transfers.
Account mismatches: Account name, SSN/TIN, or account type mismatches between sending and receiving accounts can cause rejections. Confirm all account information matches exactly.
Full account transfer implications: A full ACATS transfer may remove your ability to trade certain securities in the Cash App Investing environment. Review Cash App’s terms if you plan to move everything out.
International banks and non‑US accounts: Withdrawing to non‑US banks or making international transfers may have extra restrictions or fees. Cash App primarily supports U.S. domestic bank transfers.

Troubleshooting and support

If you encounter issues while trying to transfer stocks from Cash App to bank account, use these troubleshooting steps:

Verify settlement: Confirm that the sale has settled. If the sale is recent, wait T+2 for settlement before expecting unrestricted withdrawal availability.
Confirm linked bank details: Double-check routing and account numbers, and ensure the bank account is linked and verified in Cash App.
Check for holds or restrictions: Review your Cash App account for any security holds, pending identity verification, or compliance inquiries.
Inspect trade confirmations and statements: Your Cash App statements include account and transfer details (including the 17-digit account identifier used for ACATS). Use them to verify data with your receiving broker.
Contact receiving broker: For ACATS transfers, speak with the receiving broker’s transfer team to confirm they have initiated/received transfer requests and to identify any missing or mismatched details.
Use Cash App support channels: Contact Cash App support through the official app support flow (in-app chat or support options). Provide order IDs, dates, and screenshots where helpful.
Re-initiate if required: Some failed ACATS transfers or rejected withdrawals may require re-initiation after correcting account details or resolving outstanding issues.

If transfers are time-sensitive, start early and allow extra days for settlement and possible troubleshooting.

Security and best practices

Always verify bank routing and account numbers before initiating Cash Out.
Use the official Cash App application and verify you are using the current app build from your device’s official app store.
Enable device-level biometric authentication and a Cash App PIN to reduce fraud risk.
Monitor account activity and review statements regularly for unauthorized transactions.
Beware of phishing attempts: Cash App support will not ask for your PIN or sign-in codes via email or unsolicited messages.
For custody of keys or Web3 interactions, prefer Bitget Wallet for a secure, supported wallet experience (if you use Web3 services). When in doubt, consult official platform support rather than third-party intermediaries.

Frequently asked questions (FAQ)

Q: How long until I get my money after selling in Cash App? A: Sale execution can be immediate during market hours, but settlement for U.S. equities is typically T+2 (two business days). Cash Out standard transfers to a linked bank generally take 1–3 business days; instant transfers can deliver funds within minutes for a fee.

Q: Can I transfer fractional shares off Cash App via ACATS? A: Fractional shares are generally not eligible for ACATS broker-to-broker transfers. You may need to sell fractional shares in Cash App and then transfer the cash proceeds, or convert fractions to whole shares if possible.

Q: How much does ACATS cost from Cash App? A: Cash App commonly applies a $75 outbound ACATS fee for completed transfers. Check the Cash App Help center for the current fee schedule before initiating a transfer.

Q: What happens after a full ACATS transfer from Cash App? A: A full ACATS transfer moves all eligible assets to the receiving broker and may close the sending account’s investing ledger. Review account statements and Cash App terms for details on post-transfer account status.

Q: Are sale proceeds from Cash App FDIC-insured? A: Cash App Balance protections depend on Cash App’s banking partners and product structure. Review Cash App disclosures and the FDIC pass-through insurance terms described in official documents.

References and official resources

As of 2025-12-31, the primary sources used to compile this guide include Cash App Help pages and Cash App Investing disclosures. Refer to these official sources for up-to-date policy changes and current fees:

Cash App Help — Selling Stock (official help) (reported 2025-12-31)
Cash App Help — Transferring Stock to Another Broker-Dealer (ACATS) (reported 2025-12-31)
Cash App Help — Withdrawal Instructions / Cash Out (reported 2025-12-31)
Cash App Help — Understanding your Cash App Investing Account (reported 2025-12-31)
Cash App — Banking & Linking Bank Accounts (reported 2025-12-31)
Third-party user guides and tutorials for hands-on steps (compiled 2025-12-31)

Note: The above references summarize official guidance available on Cash App’s support pages as of the stated date. Confirm live policies directly in the Cash App help center before initiating transfers.

Practical example: full walkthrough (sell then cash out)

You own $1,200 in a mix of U.S. stocks in Cash App Investing. You want the cash in your bank account three days from today.
During market hours, you open Cash App Investing, sell the positions you choose for a total of $1,200. Execution is immediate but settlement remains T+2.
After execution, Cash App updates your Cash App Balance to show $1,200 (may show as available pending settlement per app display).
You select Cash Out → choose $1,200 → choose Standard transfer (no fee) and confirm. Cash App indicates the transfer will arrive within 1–3 business days.
Bank receives deposit within 1–2 business days depending on the bank’s processing.

This example shows how to transfer stocks from Cash App to bank account by selling positions and using Cash Out to deposit funds to your bank. If you prefer not to sell, you would use ACATS to move whole shares to another broker and sell there when convenient.

Troubleshooting checklist (quick)

Did you confirm sale settlement (T+2)?
Are bank routing and account numbers correct and verified in Cash App?
Is your Cash App account fully verified with no holds?
If using ACATS, did the receiving broker receive or initiate the transfer and are account details exact?
Have you checked for fractional-share limitations or restricted securities?
If stuck, open an in-app Cash App support case and provide trade IDs and screenshots.

Security reminder and best next steps

When you decide how to transfer stocks from Cash App to bank account, prioritize secure steps:

Double-check account details.
Use standard transfer speeds unless you need instant access and accept fees.
Keep records of sale trade confirmations and withdrawal receipts.

If your needs include custody, advanced order types, or multi-account consolidation, consider initiating an ACATS transfer to a full-service brokerage that meets your requirements. For Web3 wallet needs, consider Bitget Wallet for secure custody and integration with Bitget’s ecosystem.

Further explore Bitget’s guides and wallet tools to manage broader crypto and DeFi needs while following safe transfer processes for traditional securities.

Final notes and next actions

If your immediate goal is to convert investments to bank cash quickly and with minimal procedural complexity, selling within Cash App and using Cash Out is usually the fastest, most straightforward way to learn how to transfer stocks from Cash App to bank account. If you prefer to retain share ownership, use ACATS to move eligible whole shares to a receiving broker, then sell and withdraw there.

To proceed now:

Review your Cash App Investing positions and confirm whether you hold fractional shares.
Decide whether to sell in Cash App (fast path) or initiate ACATS to another broker (preserve shares).
Verify bank linking and account verification in Cash App and confirm fees and timing.
Contact Cash App support in-app if you see unexpected holds or errors.

Explore Bitget resources and wallet options for additional custody or trading solutions. For any transfer, keep a careful record of confirmations and statements for tax and reconciliation needs.

Note: This article is informational and not tax, legal, or investment advice. Confirm specific details with Cash App’s official help center and your tax advisor before making financial decisions.

The content above has been sourced from the internet and generated using AI. For high-quality content, please visit Bitget Academy.