If your bank account verification was unsuccessful, you’ll see an alert in your Square Dashboard.
I Can’t Link My Bank Account
There are a few scenarios that can cause this:
Non-transactional Bank Account
Square doesn’t support non-transactional bank accounts – they don’t allow money to be debited. Square must be able to credit and debit money to and from your account in the event of a chargeback or refund.
Bank Account Typo
Typos in your sort code or account number can cause bank verification to fail. Double-check your account information and carefully re-enter it. You may need to contact your bank to confirm your sort code and account number.
Bank Verification Cancelled
If you click Cancel Verification after entering your bank account information, the verification process will be cancelled. To restart the verification process, you’ll need to re-enter your bank account information.
Multiple Bank Accounts
Only one bank account can be linked to a single Square account location. If you’d like to have money sent to multiple bank accounts, set up multiple locations, each with its own assigned bank account.
Bank Verification Status
Once you’ve entered your bank information successfully, we will start the bank verification process. This is not a charge, but simply Square sending a verification deposit to confirm we can both send and retrieve money in case of refunds.
How long will it take to verify my bank account?
The entire verification process can take up to 4 working days (excluding weekends and holidays). Square isn’t able to expedite the process.
How do I check the status of my bank verification?
To check your status, visit Account & Settings in your online Square Dashboard and click Bank Account. You’ll also receive an email from Square when your account is verified.
With no additional action needed on your part, your deposits will be sent to your bank account following your deposit schedule.
What is Pending Verification?
If your bank verification is pending, wait the full 4 working days. You’ll receive an email when your account has successfully been verified. While you’re waiting for your verification to complete, you can continue to take payments. Your money will remain in your Square balance and will be sent once your account is verified.
Learn more about linking your bank account.