Where to find your banking details in Square
To change the bank account Square deposits money into, log into your Square account on a computer or phone, then go to Account & Settings (usually a gear icon or menu option). From there, select Banking or Bank Accounts — the exact name depends on whether you're using Square for payments, Square Cash, or another Square product.
Once you're in the Banking section, you'll see the bank account currently linked to your Square account. This is where Square sends the money from your sales or transfers. If you have multiple accounts linked, they'll all appear here.
The steps are slightly different depending on whether you're removing an old account and adding a new one, or just updating the details of an existing account. Most of the time, you'll be removing the old account and adding a new one rather than editing the existing information.
Key Takeaways
- You can change your linked bank account by going to Account & Settings, then Banking, and removing the old account before adding a new one.
- Square usually requires your routing number and account number, which you can find on a check, your bank's website, or by calling your bank.
- Changes to your bank account can take one to two business days to take effect, so plan ahead if you need deposits to go somewhere urgently.
- If you're switching banks entirely, remove the old account first to avoid confusion about where your money is going.
- Square may ask you to confirm the new account by depositing small test amounts, which you'll need to verify before the account is fully active.
Removing your old bank account
To remove a bank account from Square, go to the Banking section and find the account you want to remove. Look for a Remove, Delete, or Disconnect button next to that account — the exact wording varies by product.
Square will usually ask you to confirm that you want to remove it. This is a safety step to make sure you don't accidentally disconnect the account you're still using. Once you confirm, the account is removed and Square will no longer send deposits there.
If you have only one account linked and you remove it, Square won't have anywhere to send your money. Your funds may be held temporarily until you add a new account. This is why it's usually better to add your new account first, then remove the old one — but some versions of Square won't let you do this, so check what your screen allows.
Adding a new bank account to Square
After removing the old account (or before, if Square lets you), click Add Bank Account or Link Bank Account. Square will ask for your bank's routing number and your account number. You'll also need to provide the account holder's name and the account type (checking or savings).
Your routing number is a nine-digit code that identifies your specific bank. Your account number is unique to your account at that bank. Both appear on the bottom left of a paper check if you have one. If you don't have checks, log into your bank's website or app — most banks show both numbers in the account details section. You can also call your bank's customer service line and ask for these numbers.
Enter the information carefully. If the routing or account number is wrong, Square will reject it or the deposits will go to the wrong place. Once you've entered everything, Square will verify the account.
How Square verifies your new account
After you submit your new bank account information, Square usually sends two small test deposits to that account — often a few cents each. These deposits appear in your bank account within one to two business days. The amounts are random and different each time.
Once you see the deposits in your bank account, go back to Square and enter the two amounts. This confirms that you own the account and that the routing and account numbers are correct. After you verify the amounts, your account is fully linked and Square can start sending deposits there.
If you don't see the test deposits after two business days, the account information may be wrong. Check that you entered the routing and account numbers correctly, then contact your bank to make sure they received the deposits. Some banks flag small deposits as suspicious and hold them — calling your bank can speed this up.
When the change takes effect
Once your new bank account is verified, Square usually starts sending deposits there within one to two business days. If you had an old account linked, make sure it's removed so you know exactly where your money is going.
If you're in the middle of a business day when you make the change, that day's deposits may still go to your old account — it depends on when Square processes them. Plan your change for a time when you're not expecting a large deposit, or contact Square support to ask about the timing for your specific situation.
Keep in mind that if you remove an account without adding a new one, Square will hold your deposits temporarily. You'll need to add a new account before those funds are released. The exact hold time varies, but it's usually a few days.
Troubleshooting common problems
If Square rejects your bank account information, the most common reason is a wrong routing or account number. Double-check both against your check or your bank's website. Some banks have different routing numbers for different regions or branches — make sure you're using the one for the branch where your account is held.
If you've verified the numbers are correct but Square still rejects them, your bank may not allow third-party deposits through that account type. Some business accounts or savings accounts have restrictions. Call your bank and ask if they allow ACH deposits (the method Square uses) to that specific account. If they don't, you may need to link a different account at the same bank or switch to a bank that allows it.
If you see the test deposits but can't find the exact amounts to enter, check your bank account carefully — sometimes they appear as pending transactions first, then post as completed. If more than a week has passed and you still don't see them, contact Square support with your bank account number and the date you submitted it. They can resend the test deposits or manually verify your account.
Changing your account for different Square products
If you use multiple Square products — such as Square for sales, Square Cash, or Square Invoices — each one may have its own linked bank account. Changing the account in one product doesn't automatically change it in the others. Check each product separately to see which accounts are linked where.
Some Square products share the same banking settings, so a change in one affects all of them. Others keep separate settings. Log into each product you use and check the Banking section to see what's currently linked. This prevents confusion about where your money from different products is going.
Frequently Asked Questions
How long does it take for Square to start depositing to my new account?
After you verify the test deposits, Square usually starts sending your deposits to the new account within one to two business days. If you change your account on a weekend or holiday, the timing may be longer. Check your Square dashboard to see when the next deposit is scheduled.
What if I entered the wrong bank account number and deposits already went there?
Contact your bank when ready and explain that deposits were sent to the wrong account. They can sometimes reverse the transaction or redirect the funds. At the same time, contact Square support with the date and amount of the deposit so they know what happened. They may be able to resend the deposit to the correct account.
Can I link multiple bank accounts to Square at the same time?
Yes, most Square products let you link more than one account. You can choose which account receives deposits, and you can switch between them in your Banking settings. This is useful if you have separate accounts for different purposes, but make sure you know which one is currently active.
Do I need to remove my old account before adding a new one?
Not always — if Square lets you add a new account while the old one is still linked, you can do that. But it's clearer to remove the old account first so you're certain where your deposits are going. If you're unsure, add the new account, verify it, and then remove the old one.
What if my bank doesn't show a routing number?
Call your bank's customer service line and ask for your routing number. They can give it to you over the phone. You can also search online for "[Your Bank Name] routing number" — most banks publish this information publicly. Make sure you get the routing number for your specific branch or region, as some large banks have multiple routing numbers.