How do you remove the transfer limits on your square business checking account?.

[cjisthecoolest]

I’m new to Square and I’m just finding out about their limits on moving my money to my account.  My transactions are going to be AT 

LEAST $10K per transaction or more and I will not have a business for long if I can’t find an easier way to move my money along.  This is freaking ridiculous 

CJ

[ryanwanner]

Hello @cjisthecoolest !

if you’re handling that large of transactions regularly, I recommend phoning into support to get your limits raised. 

Please note that Square, like every other bank and merchant processor out there, will have some pretty strict verification steps you’ll have to go through. Large transactions will always raise some red flags even though you’re doing everything above board. Be forthcoming with your plans and be prepared to have a few random queries as you’re processing and all will be well. 

Also note that new accounts will always have stricter verification measures, especially with high dollar transactions. This is normal with every financial institution. It will probably take 5-7 business days after starting transactions for the money to be available to you. The longer you process with a provider, the more relaxed the transfer restrictions will be.