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Next-Business-Day Transfer Schedule

With Square’s standard transfer schedule, transfers are initiated Monday - Thursday evening for payments taken Monday - Thursday, and will arrive in your linked bank account in one to two business days. Payments taken on Friday will be sent Sunday night and will arrive in your bank account on Monday (or Tuesday if Monday is a bank holiday).

After you activate a Square Point of Sale account and link a bank account, transfers are automatically sent per our Next Business Day schedule. Square will group and send payments based on the time you choose to end your day. By default, your close of day is 5 p.m. PT/8 p.m. ET, but you can customize your close of day if your business stays open later.

To get your funds faster, you can also send instant transfers or same-day transfers to your linked account. Learn more about your transfer schedule options.

With our Next Business Day schedule and default cutoff times:

  • Payments taken before 5 p.m. PT/8 p.m. ET will be available in your bank account the next business day. Payments accepted on Friday before 5 p.m PT will post to your bank account by Monday morning (depending on your bank’s processing speeds).

  • Payments taken after 5 p.m. PT/8 p.m. ET will be available in your bank account by the second business day.

  • Transfers are not sent on Saturdays.

Square's transfer cutoff time

With our next business day schedule and a customized close of day:

  • If you choose a close of day time after 5 p.m. PT/8 p.m. ET (or your time zone’s equivalent), your transfer will be delayed one business day and you should receive your transfer two business days later (weekends and holidays excluded).

The table below details standard transfer times.

Next-Business-Day Transfer Schedule

Transaction Date Transfer Initiated Transfer Completed*
Sunday 5 p.m. PT to Monday 5 p.m. PT Monday 8 p.m. PT Tuesday morning
Monday 5 p.m. PT to Tuesday 5 p.m. PT Tuesday 8 p.m. PT Wednesday morning
Tuesday 5 p.m. PT to Wednesday 5 p.m. PT Wednesday 8 p.m. PT Thursday morning
Wednesday 5 p.m. PT to Thursday 5 p.m. PT Thursday 8 p.m. PT Friday morning
Thursday 5 p.m PT to Friday 5 p.m. PT Sunday 8 p.m. PT Monday morning
Friday 5 p.m. PT to Sunday 5 p.m. PT Sunday 8 p.m. PT Monday morning

*Transfer times are approximate.

Weekend Balance

By default, we keep your Friday transfers in your balance over the weekend, so you can access your funds instantly if needed. Your funds will still arrive by Monday (or Tuesday, if Monday is a bank holiday).

If you’d like your Friday transfer to be sent out Friday night, you can disable Weekend Balance by doing the following:

  1. Navigate to your Friday transfer settings in your online Square Dashboard.

  2. Toggle Weekend Balance off.

  3. Click Save.