Join date: Sep 16, 2021

Link your bank account from your online Square Dashboard or the Square app to have your money transferred instantly, on the same day, or within one to two business days.

If you have a business with multiple locations, each location can share a single bank account or you can link a unique bank account to each one.

Once you link your bank account, you can start receiving your funds on any one of our transfer schedules. If you already have an account linked, you can change it at any time — so you can receive your funds where you need them cash app account.

There are a few things to keep in mind before you get started:

  • You will need to link a United States bank account to process payments using a U.S. Square Account.

  • Square requires a transactional bank account (an account that allows for both transfers and withdrawals) to support refunds or chargebacks. This means prepaid cards or online-only accounts (such as PayPal) aren’t supported at this time.

  • You will need your full routing and bank account numbers to link your bank account.

  • To verify your bank account, Square will transfer and withdraw a small amount. Sometimes this transfer and withdrawal may process simultaneously, so you’ll need at least $1.00 in your bank account before you begin the verification process.

Link and Edit Your Bank Account

Before you receive your first transfer from Square, you will need to add a verified bank account to your Square account. You can start the verification process right from your Square Dashboard or Square App.

Link or edit your bank account online

  1. Go to Account & Settings > Bank Accounts > Add Bank Account in your online Square Dashboard. If you are changing your bank account, select Change Bank Account.

  2. Enter the requested bank account information. You can find this information listed at the bottom of your checks, or you can contact your bank to confirm this information.

  3. Click Verify.

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