Get your money – right when you need it.

With brand-new instant transfers, move your money faster than ever for a small fee – or choose standard transfers free of charge.

Square Transfers

Move your money your way.

See all the ways you can transfer your money with Square.

Compare transfer options Price Speed
New Instant 1.5% of amount Instantly on demand into your external bank account
Standard Free Next business day into your bank account
Custom close of day Free Next business day with a custom close of day
Manual transfer Free Store a balance with Square and initiate transfers on demand

Total control of your cash flow.

Ready, set, transfer

Link your bank account and start transferring funds as soon as the next business day with standard transfers. If you need your money faster, link a debit card and transfer it instantly with a tap (and a 1.5% fee).

Keep an eye on your money

From customized close-of-day transfers to detailed activity and sales reports, Square can help you send and track your money the way you want.

Choose how you transfer

Pick the transfer speed that’s right for your business — whether you need your money instantly, tomorrow or on a custom schedule.


Don’t have an account with Square? Sign up today.

*Instant transfers require a linked debit card and cost a fee per transfer. Instant transfers currently only support transfers using a Visa debit card. Mastercard and Plus debit cards are currently not supported. Funds are subject to your bank’s availability schedule. Minimum amount is $50 CAD and maximum is $5,000 CAD per day. New Square sellers may be limited to one instant transfer per day of up to $500 CAD.