thread Re: Multi bank transfer in Hardware Setup & Troubleshooting

Multi bank transfer

Brenth — Fri, 17 Jul 2026 09:16:53 GMT

Is there a way I can transfer end of day (material costs) to one bank account and transfer the remainder to another bank account? Some research says yes but the square system doesn’t seem to allow it?

Re: Multi bank transfer

ascoach — Fri, 17 Jul 2026 15:56:35 GMT

As of right now, Square does not allow us to split transfers into separate accounts.

A way to work around it is to have some of your costs go into a Square Savings account and then another portion stay in your Square checking account. From the two separate accounts you can transfer to two separate banks. Kind of a pain, but with the Square savings feature you can have a percentage of each sale automatically go into that account.

Re: Multi bank transfer

Brenth — Sat, 18 Jul 2026 10:39:51 GMT

Thanks for your reply, that is a right pain. I might have to start looking elsewhere unless square comes to the party