Next Business Day Deposit Schedule

With Square’s standard deposit schedule, deposits are initiated every weekday evening for payments taken Monday - Friday and will arrive in your linked bank account in one to two business days.

After you activate a Square Point of Sale account and link a bank account, deposits 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 link a debit card to use Instant Deposit or Scheduled Deposit. Learn more about your deposit 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 Monday morning, not Saturday 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.
  • Deposits are not sent on Saturdays.

Square's deposit 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 deposit will be delayed one business day and you should receive your deposit two business days later (weekends and holidays excluded).

The table below details standard deposit times.

Next Business Day Deposit Schedule

Transaction Date Deposit Initiated Deposit 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 Friday 8 p.m. PT Monday morning
Friday 5 p.m. PT to Sunday 5 p.m. PT Sunday 8 p.m. PT Monday morning

*Deposit times are approximate.

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