Held funds

I recently set up an account and I made my transaction with square, however it got held up and flagged Bessie assuming the new account and the amount. I immediately uploaded all strong documents supporting my business etc and then it went through processing and verification of phase. Odd thing is it said it was transferring last night at 10:15pm and when that time came it didn’t and now says tonight the next day at 10:15pm. Why ?

238 Views
Message 1 of 2
Report
1 REPLY 1
Square Champion

@VanLuc2025 Welcome to the community. First deposits with new accounts usually takes 1-3 days. Go to Square dashboard/Banking/Balances. From there you can check on your pending transfers. Also Squares deposit cutoff is 4pm, so if anything before 4pm gets deposited that day, anything after 4pm gets deposited the next day. I will go smoother after you get more deposits running through Square.

222 Views
Message 2 of 2
Report