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Shearsingear
โ09-27-2022
03:11 PM
What is the percentage for transferring funds from your square card to your bank account?
With the new square money card, I know that the payment fees still apply. However if you wanted to transfer a paycheck to yourself from the card, What does that cost?
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1 REPLY 1
Hello @Shearsingear and welcome to the Seller Community
If you are using Square Checking and the Square Debit Card you can request a transfer to your bank account and this will not incur additional fees. However, if you request an instant transfer of your funds then the transfer will be subject to the Instant Transfer fee (1.5%) as usual.
I hope this information is helpful!
JJ
Community Moderator, Square
Sign in and click Mark as Best Answer if my reply answers your question.
Community Moderator, Square
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