thread $0 fees for ACH transactions deposited into Square Checking in Banking With Square https://community.squareup.com/t5/Banking-With-Square/0-fees-for-ACH-transactions-deposited-into-Square-Checking/m-p/843013#M13592 <P>Does anyone have a better understanding of this fee information?</P><P>&nbsp;</P><P><A href="https://squareup.com/help/us/en/article/5068-what-are-square-s-fees" target="_blank" rel="noopener">https://squareup.com/help/us/en/article/5068-what-are-square-s-fees</A></P><UL><LI><STRONG>ACH bank transfer (via API):</STRONG><SPAN>&nbsp;</SPAN>1%, $1 min, $5 fee cap<UL><LI>$0 fees for ACH transactions deposited into Square Checking</LI></UL></LI></UL><P>&nbsp;</P><P>My take on this: There wont be any fees (processing fee, transfer fee, any fee) if I use square checking account for depositing the money if my customer uses ACH. If a customer pays $100 for invoice then I will get $100 deposited to my square checking account. I am using square API in my application that collects payment.<BR /><BR />Is my understanding correct?</P> Wed, 20 May 2026 18:33:57 GMT danceschool 2026-05-20T18:33:57Z $0 fees for ACH transactions deposited into Square Checking https://community.squareup.com/t5/Banking-With-Square/0-fees-for-ACH-transactions-deposited-into-Square-Checking/m-p/843013#M13592 <P>Does anyone have a better understanding of this fee information?</P><P>&nbsp;</P><P><A href="https://squareup.com/help/us/en/article/5068-what-are-square-s-fees" target="_blank" rel="noopener">https://squareup.com/help/us/en/article/5068-what-are-square-s-fees</A></P><UL><LI><STRONG>ACH bank transfer (via API):</STRONG><SPAN>&nbsp;</SPAN>1%, $1 min, $5 fee cap<UL><LI>$0 fees for ACH transactions deposited into Square Checking</LI></UL></LI></UL><P>&nbsp;</P><P>My take on this: There wont be any fees (processing fee, transfer fee, any fee) if I use square checking account for depositing the money if my customer uses ACH. If a customer pays $100 for invoice then I will get $100 deposited to my square checking account. I am using square API in my application that collects payment.<BR /><BR />Is my understanding correct?</P> Wed, 20 May 2026 18:33:57 GMT https://community.squareup.com/t5/Banking-With-Square/0-fees-for-ACH-transactions-deposited-into-Square-Checking/m-p/843013#M13592 danceschool 2026-05-20T18:33:57Z