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I had my Squareup account for a few months but have only just started to use it for transactions 2 days ago. I already have a bank account that is in my name linked and verified to the account . I have NOT linked a debit card for instant deposits yet. My question is, can I link a debit card that is under my business partner /girlfriend's name without issue or holds?
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[This post was updated by moderator in 2020 to reflect a name change - deposits are now called transfers.]
you can link whatever account you want to Square for transfers as long as you have access to it. It may not be wise both from a tax ramification and access issue to deposit to accounts that are not in your full control even if it is your girlfriend's or another family member. Personally, I would just wait the less than 24 hours for the next day transfer to your regular bank account to avoid issues and save the additional 1% fee.
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[This post was updated by moderator in 2020 to reflect a name change - deposits are now called transfers.]
you can link whatever account you want to Square for transfers as long as you have access to it. It may not be wise both from a tax ramification and access issue to deposit to accounts that are not in your full control even if it is your girlfriend's or another family member. Personally, I would just wait the less than 24 hours for the next day transfer to your regular bank account to avoid issues and save the additional 1% fee.