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Reserve funds release

So I have a reserve on my account and this is the second time it tells me that funds are to be released on a certain date and doesn’t get released, why is that?

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Hey @Rayc1 Since you posted this yesterday, I first want to check to be sure it is still an issue.  As I understand reserves, they should be released sometime on the date specified, but this does not mean that they are immediately transferred to your bank account.  Is it possible that the funds are in your Square Balance this morning?

 

If not, then your only option is, of course, to get on the phone with customer support.  They are the only people who have access to those sensitive parts of your account — like your money.  No one can say for certain, but sometimes other factors can affect the release date (like higher than expected refunds, etc).  Still, if that happened, your Reserve Dashboard in your Online Balance should show any changes.

Chip

If my answer resolves your issue, please take a minute to mark it as Best Answer. That helps people who find this thread in the future.

Piper’s Ice Cream Bar, Covington KY USA
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Click here to see a list of third-party apps I use to add functionality to my Square account!

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Square Champion

Best Answer

Hey @Rayc1 Since you posted this yesterday, I first want to check to be sure it is still an issue.  As I understand reserves, they should be released sometime on the date specified, but this does not mean that they are immediately transferred to your bank account.  Is it possible that the funds are in your Square Balance this morning?

 

If not, then your only option is, of course, to get on the phone with customer support.  They are the only people who have access to those sensitive parts of your account — like your money.  No one can say for certain, but sometimes other factors can affect the release date (like higher than expected refunds, etc).  Still, if that happened, your Reserve Dashboard in your Online Balance should show any changes.

Chip

If my answer resolves your issue, please take a minute to mark it as Best Answer. That helps people who find this thread in the future.

Piper’s Ice Cream Bar, Covington KY USA
Website
Facebook
Click here to see a list of third-party apps I use to add functionality to my Square account!

जो है सो है
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My funds show being released today and I was told they would reflect in my square balance at the time the transaction was made which was 12:08pm cst. Are the reserve funds released to my square balance at some point on the day scheduled or by the end of day even if it’s a Saturday? Any help would be greatly appreciated. 

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