Instant tranafers

[Maklecs]

Hi, I just started using square and I'd like to select the instant tranafer option but I am unable to select this option. Any ideas why please ?

My bank account is verified and there is a few hundred dollars im the square account.

[dieterslicke · Accepted solution]

Hi @Maklecs!

There is some information on Square's Instant Transfer feature available here: Set Up and Manage Instant Transfers | Square Support Center - US (squareup.com)

You mentioned you've just started using Square, so perhaps one of the below may apply to your account until you build up some history with them:

Important to note

• Your minimum balance must be $25 for instant transfers and $1 for same-day transfer after Square’s processing and transfer fees.

• New Square sellers start with a limit of one instant transfer per day of up to $2000. As you run and grow your business with Square, a higher daily transfer amount may become available.

• Instant transfer may not be available for sellers using Square APIs until they have sufficient account history.