[Webull Omnibus] Why was I charged $5 reversal fee?

If your deposit or withdrawal is returned during the settlement period, (This is usually caused by the deposit/withdrawal request being accepted, but the cash not settling), Webull will charge you $5. This is called a "Funds Reversal". The common reversal reasons are:

1) Insufficient funds in your bank account.

2) Incorrect routing number/bank account number/bank name.

3) The bank account is not authorized for an ACH or has been frozen.

4) You have exceeded the number of ACH transactions allowed on your bank account.