Move your money your way with Square Transfers

Fast and flexible transfers keep your cash flow at your fingertips.

Square Transfers

Total control of your cash flow

From customized close-of-day transfers to robust business checking account features, our tools can help you spend and move your money however you want.

Choose how you transfer

  Price Speed
Standard Free Next business day into an external bank account
Instant 1.5% of amount Instantly on demand into an external bank account
Same-day 1.5% of amount Instantly into an external bank account on an automated schedule you choose

No waiting on transfers with Square Checking

Your Square sales flow directly into your Square Checking account and can be spent immediately with your debit card or account and routing numbers—no waiting on daily transfers.


Don’t have an account with Square? Sign up today.

Instant and same-day transfer require a linked bank account or debit card and cost a fee per transfer. Funds are subject to your bank’s availability schedule. Minimum amount is $25 USD and maximum is $10,000 USD in a single transfer. New Square sellers may be limited to $2,000 per day.

Square Checking is provided by Sutton Bank, Member FDIC.

Square Checking is provided by Sutton Bank, Member FDIC. Square Debit Card is issued by Sutton Bank, Member FDIC, pursuant to a license from Mastercard International Incorporated, and may be used wherever Mastercard is accepted.

Funds generated through Square’s payment processing services are generally available in the Square checking account balance immediately after a payment is processed. Fund availability times may vary due to technical issues.

Accounts are FDIC-insured up to $250,000.