What is Square's transfer schedule?

[Britt31]

The title of this thread has been edited from the original: Account information

How long does it take for your deposits/Charges go directly into your account

[JustinC · Accepted solution]

Hey @Britt31 👋

Funds land into your bank account next biz day as long as the payments were processed before 5pm PT. Anything processed thereafter will be sent an extra day later. 

Click here for more info on Transfers! 

[Jval]

My bank account charges me after 20 transactions. If I set up a square account with my bank account, will square transfer my daily earnings in a lump sum, or is it by each individual transaction? 

ex. If I sold 30 shirts throughout the day, and over all made $300, will I have 30 different deposits into my bank account of $10 or will I have one lump deposit from Square of $300 (obviously minus the fees).

thanks in advance! 

[TomM]

One lump sum. I also have 25 free transactions and i have mine set up for manual. Basically once or twice a week i clear my Square to my bank account. Hope this helps

[JustinC]

@TomM you're the best for stepping in to help 🙌

@Jval I moved you to a thread with link that explains Square's transfer options 

[Matt435]

Its showing I have money in my net sales and after I hit transfer to bank on Friday about 7pm when should I see it pending for deposit in my bank account?

[AshleyK]

Hi @Matt435 and welcome to the Seller Community!! I've merged your post to an existing thread where @Britt31 asks a similar question. You should get your answer in Justin's response, but of course let me know if you have any follow up questions!

[ThinkBlack]

balance 

[nika]

Hello @ThinkBlack. Here's an answer to your question!

[danimal]

how long does it typically take to deposit into my account, if I don't choose today ?

[Kassi_]

Hey @danimal -

Great question! We don't have an exact answer for this one, but had added your voice to the thread. Once more information is provided, one of our Community Managers will post a Product Update. 

I moved your post to the thread, so you could keep an eye out for it. 

Here is the link to that board. 

[taraclayton26]

TC

[frances_a]

Hello @taraclayton26!

And welcome to our Seller Community, we're thrilled to have you as a part of the conversation. 

I have merged your post with a thread where you can find a best answer for your question. 

Thank you!