Instant Transfers

[victoriasams15]

If I set same day transfer does that mean the day I sale the  item I can get up to 10,000 for that transfer?

[ryanwanner]

@victoriasams15That is correct. Instant transfers move money directly to a debit card. The longest I've had to wait to see my transfer show up is 3 seconds. 🙂

And yes, you can instantly transfer up to $10k in a 24 hour period. A word of warning though, there usually is a lower 24 hour limit when you first set up the Instant Transfer. Square just wants to make sure you're not doing something shady. Your limits will increase gradually over the span of a few weeks. Once Square is satisfied that you're on the up and up, the limit goes to the max amount of $10k. Don't forget that there is a 1.5% fee for the transfer.