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Learn about Square's transfer schedule

Who is this article for?
  • Sellers with balance permissions. Set permissions in Square Dashboard.
  • About Square's transfer schedule

    With Square, transfers are processed using our standard next-business-day schedule. There are no transfer limits, and we don’t hold funds regardless of the transaction amount, frequency or type.

    Before you begin

    Before you receive your first transfer from Square, you need to add a verified bank account to your Square account. Learn how to link and edit your bank account.

    Review Square's transfer schedule

    • Transfers follow a 5 PM to 5 PM schedule, with transfers sent out at 8 PM and arriving as soon as next business day.

    • Transfers are not initiated on Saturdays or Sundays.

    • Bank holidays may affect transfer timelines.

    You’ll receive an email notification when your transfer is initiated by Square. While some banks post transfers immediately, others may take longer. You can visit Balance in your online Square Dashboard to confirm when Square initiated a transfer to your linked bank account.

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