With Square, you can choose when to receive your funds. We offer a couple of options – our standard deposit schedule or a custom deposit schedule (tailored by you to your business hours).
Square doesn’t have deposit limits with our standard or custom schedules. We won’t hold funds based on the amount, frequency or type of transaction.
If you’re having trouble locating a deposit, review these deposit schedule tips.
Standard Deposit Schedule Overview
When you activate your Square Point of Sale account, link a bank account, and begin accepting card payments, we’ll deposit funds according to our standard schedule. All Square merchants start with our standard deposit schedule.
With this schedule, funds are usually deposited within 36 hours or 1-2 business days of a transaction. Learn more about our standard deposit schedule and review daily deposit times.
Custom Close of Day Time Overview
If your business has unique hours, you can customize the time you’d like transactions grouped for daily deposit. This is called your close of day time.
Setting a close of day time ensures you’ll receive a single deposit for a full day’s payment activity – making bookkeeping a breeze. Read more about customizing your close of day time.