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Set Up and Manage Instant Transfers

For faster access to your money, initiate instant transfers from the Square app or from your online Square Dashboard. You can instantly send up to $10,000 per transfer 24 hours a day, 7 days a week. There is no limit to the number of instant transfers you can initiate in a given day.

Note: Your minimum balance must be $25 for instant transfers and $1 for same-day transfer after Square’s processing and transfer fees.

Note: New sellers start with a limit of one instant transfer per day of up to $500. As you run and grow your business with Square, a higher daily transfer amount may become available. Instant transfer may not be available for sellers using Square APIs until they have sufficient account history.

Instant Transfers Pricing

Instant transfers costs a fee per transfer, in addition to Square’s standard card processing fees. Any balance not transferred instantly will be sent according to your normal transfer schedule.

Note: Instant transfers cost is not reimbursed when you earn Free Processing.

Set Up Instant Transfers

Once you’ve linked a card from the app or your Dashboard, learn about sending instant transfers.

View a list of supported instant transfers debit cards.

From the Square App

  1. Open the app and tap: Three Horizontal Lines or the down arrow at the top of the Square Register: Register Switcher
  2. Tap Settings > Balance.
  3. Toggle Allow Instant Transfer on.
  4. Key in the required debit card information.
  5. Tap Link.
  6. Verify your debit card via the email sent to the address associated with your account.

From your Dashboard

  1. Sign in to your online Square Dashboard.
  2. From your Home page, click Instantly transfer now if you have an eligible pending transfer > enter and save your debit card information.
  3. From Balance > Settings, click Add a debit card > enter and save your debit card information.

Square will send an email to the address associated with your account. Click the verification link in this email to confirm your debit card within 24 hours of receiving it. If you can’t find the email, check your spam or resend the email from Balance > Settings.

Note: Before you are able to set up instant transfers, you will need to have a bank account linked to your Square Account.

Edit Your Debit Card

From the Square app

  1. Tap: Three Horizontal Lines or the down arrow at the top of the Square Register: Register Switcher
  2. Tap Settings > Balance.
  3. Tap Link a Different Debit Card.
  4. Key in your debit card information.
  5. Tap Link.
  6. Verify your debit card via the email sent to the address associated with your account.

From your Dashboard

  1. Visit Balance > Settings in your online Square Dashboard.
  2. Click Change Debit Card.
  3. Enter and save your debit card information.
  4. Verify your debit card via the email sent to the address associated with your account.

Send Instant Transfers

Before using instant transfers, make sure you’ve added a debit card and have confirmed your bank account is linked and verified from Balance > Settings in your online Square Dashboard. Instant transfer fees display under Instant Transfer in your online transfer summaries.

If your Square balance is below $25 (after fees), instant transfers will not be available. You’re able to instantly transfer payments in an amount of up to $10,000 at one time.

If you run into any trouble with instant transfers, try these troubleshooting steps.

Note: Square Capital transfers cannot be sent using instant transfers. Once approved, funds will be transferred to your linked bank account in 1-2 business days via our next-business-day transfer schedule.

From the Square app

  1. Tap: Three Horizontal Lines or the down arrow at the top of the Square Register: Register Switcher
  2. Tap Transactions > Instantly Transfer.

You’ll see an in-app transfer confirmation and receive a confirmation email.

You can also send and track your instant Transfers from your Balance tab:

  1. Tap: Three Horizontal Lines or the down arrow at the top of the Square Register: Register Switcher
  2. Tap Balance.
  3. Tap Instantly Transfer.

From your Square Dashboard

There are three ways to initiate an instant transfer from your Dashboard. (1) From your Home page, click Transfer Now > TransferNow. (2) From Balance, click Transfer Instantly. Or, (3) from Balance > Settings, click Transfer Now, located under instant transfer.

Note: You can schedule instant transfers ahead of time, so that you receive your funds every day at your Close of Day using same-day transfer.

Instant Transfer Reports

See your entire transfer history, including instant transfers, by visiting Balance > Transfer Reports in your online Square Dashboard. Click each transfer to see its details.

To review your transfer report in the Square Point of Sale app:

  1. Tap: Three Horizontal Lines or the down arrow at the top of the Square Register: Register Switcher
  2. Tap Balance.
  3. Tap Transfer Reports.

Want to learn more? Check out the iInstant transfer FAQs](https://squareup.com/help/article/5440).

Learn more about: Payment Processing

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