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Can I hold all money on my Square account from my sales and then decide how much I want to transfer?
The title of this thread has been edited from the original: Deposit
Hello, I am new to square. I have been using the square card and the square account for purchases and sales. I recently added a bank account to my square account. The notice says that all card sales will be deposited to my bank account, can I control that myself so it isn't automatic? I want to hold all money on my square account from my sales, and then decide how much I want to transfer into my bank account on my own. Is this possible?
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the way you are describing is how your account will work once you enable a Square Card. After a Square Card is enabled your account goes into manual arcade mode.
I personally wouldn't let too much sit in the Square account as it isn't FDIC insures=d and you never know what could happen to it.