I want to have Square transactions auto deposited to my bank on file.

Will i be charged another fee if I choose to have money that was paid on an invoice immediately deposited into my bank account on file?

564 Views
Message 1 of 2
Report
1 REPLY 1
Alumni

Hi there, @Jande 👋 Thanks for reaching out to us here on the Seller Community!

 

All Square transactions are deposited on a Next Business-Day transfer schedule. Meaning that your funds should automatically ACH over to your bank account after every business day. This includes transactions taken by Invoice.

 

You do however have the option to Instantly Deposit your funds to an active debit card for an extra 1.5% fee. More on this here.

 

Let me know if that gets you where you need to be!

 

 

Joe
Community Moderator, Square
Sign in and click Mark as Best Answer if my reply answers your question.
522 Views
Message 2 of 2
Report