Initial account funding

[mannyk]

I am just starting out. I signed up for Square Banking. I want to put $500 in this new account as a starting balance. I can't seem to see how to do that? Can I Venmo from my personal account? Thanks.

[Lovewell · Accepted solution]

@mannyk You will need to link your other bank account via routing number and account number and then initiate a transfer.

[mannyk]

Got it! It worked! Thank you!

[RobynR]

@mannyk You're welcome!

[RobynR]

Hey @mannyk,

Thank you for actively contributing to the Community!

You can link a debit card to instantly add funds to your Square Checking balance — so you’re always ready for purchases on your Square Debit Card, regardless of your daily sales. Unlike instant transfers to your bank account, there is no fee to instantly add funds to your Square balance. 

Note: New sellers are limited to adding $500 via the Add Money feature per day. As you continue processing with Square, your daily limit will increase. 

Check out this article for more information. If you have any other questions, please let me know.