thread Re: Activated again in Banking With Square

Activated again

Rolldog71 — Sat, 20 Sep 2025 13:08:51 GMT

I have a question I just activated my Square again, but I had to change my banking. How long does it take for it to be activated and when I use it towards my customers go into my bank right away or does it take quite a few days to the bank to activate with Sqare.?

Re: Activated again

Minion — Wed, 26 Mar 2025 13:43:58 GMT

HI @Rolldog71

Once you change banks, and he bank is verified which can take a few days to verify the bank Once hat is all completed and your bank is linked it is just a matter of the normal processing ties you have set up. My transfers are sent manually and usually arrive next day .

Re: Activated again

Summer2024 — Wed, 02 Apr 2025 18:33:11 GMT

Thanks @Minion for your response here!

@Rolldog71 hopefully this has been resolved, but for anyone else that comes across this thread let me explain the timeline for bank verification and transfers.

Bank Account Verification

Initial Setup
- 1-2 business days for verification
- Small test deposits will be sent
- Need to confirm test amounts
Activation Timeline
- Bank verification: 1-2 business days
- First transfer available after verification complete
- Initial transfers may take longer

Transfer Timing Options

Standard Transfers
- Next business day (default)
- Free of charge
- Processed Monday-Friday (excluding holidays)
Instant Transfers
- Available immediately after verification
- 1.5% fee per transfer
- Arrives within minutes
- Must have eligible debit card

Important Notes

First-Time Transfers
- May take longer than usual
- Additional security checks
- Monitor email for updates
Transfer Schedule
- Cutoff time: 5 PM PT
- Weekends not included
- Holiday schedules differ