Automatic transfers should be instantly deactivated if the bank account approval process is underway

[EL66]

Just lost a full day of sales because despite new bank details being submitted and halfway through the approval process, the automatic transfer default kicked in and sent the funds to someone I knew briefly in 2019.

Square was able to provide no account details, only urged me to call the person's bank, who of course declined to help as I only had the last three digits of the bank account.

Once a bank account has already been flagged as incorrect the automatic transfer default should be overridden to protect sellers during the slow approval process window.