Just transfered funds from Square savings to a bank checking account. Got the message that the transaction will be completed tomorrow. I need to cancel this transfer which was made to the wrong account, how do I do it?
Hey there @CFP. Unfortunately, the way the national ACH system is set up, once a transfer is initiated it can just be cancelled. If the account you sent it to is closed, then the transfer will bounce back to Square and they will put it back in your savings. That will take a few business days both ways, however, plus processing time. I’ll hope that the funds aren’t going to an account that you no longer control.
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