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What is 'significant history' to get instant transfers

Just taken my first payment. Unlikely to use it again for a while and I see I can't transfer my money out. How many transactions do I need to do before I'm able to get my money??

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Admin

Hi @FionaHackshall, thank you for reaching out! 

 

By default, payments accepted through Square will be transfer to your linked bank account the next business day at 4pm as per our standard transfer schedule. So if you took a payment today for example, that will be transfer tomorrow at 4pm.

 

New sellers may be restricted from using Instant Transfers until they have sufficient account history, which can mean rough a week worth of the system seeing payments being accepted and transfers being send to your linked bank account.

 

I hope this answer your question but let me know if you have any further query!

Tra | she/her
Community Engagement Program Manager, Square
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