RobinHood - Reddit

Deposit Reversal

So I think I may incur a reversal because a check I deposited and posted to bank acct ended up being returned.

What happens when I get a reversal on the 5k instant funds? I used them to invest and made gains on it. I also have over 3x that amount actually in RH account. Does RH void all the gains I made with the 5k instant deposit that’s going to be reversed? What if I bought stock with it all by the time the reversal comes? Do they sell your stock to cover the reversal amt?

Downvotes on a legit question? Ok …

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