Bank Verification

[naeeexotic]

It has been 4 business days and the 1 cent has been deposited into the account, but the square app still says verification in process. I need my money ASAP why hasn't it been completed? What can I do? I have waited 4 business days.

[Minion]

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@naeeexotic wrote:

It has been 4 business days and the 1 cent has been deposited into the account, but the square app still says verification in process. I need my money ASAP why hasn't it been completed? What can I do? I have waited 4 business days.

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Hey @naeeexotic 

   Have you tried to log into your account via a computer at squareup.com/dashboard .  I am not sure if that will show anything different than the app.  Settings>Accounts & Settings > .Banking>Account.  If you are still not seeing any specific error, you may need to call into Square banking support today to have them take a look at what the hold up may be. 

[Candlestore]

@naeeexotic ;

I see you state the 1 cent was deposited, but was it withdrawn?   Square needs to be able to deposit and with Drawal funds from the linked account.  The reason Square does this is for a few reasons but could be more if I missed any :

1. Card Chargebacks
2. Shortage of Loans if you take any out in the future
3. Square fee if you sign up for xtra services