You can remove a bank account from Square in your account settings, and it takes about two minutes
Square stores your bank account information so it can deposit money from sales or transfers into your checking account. If you want to stop using that account with Square — because you closed it, switched banks, or just want to use a different one — you can disconnect it without closing your Square account itself.
The process is straightforward: you go into your Square settings, find the bank account section, and delete it. Square will stop sending deposits there when ready. If you have pending transfers or scheduled payouts, those will pause until you add a new account or decide what to do with them.
Key Takeaways
- You remove a bank account through your Square dashboard under settings, not by contacting Square support.
- Removing an account does not close your Square account or affect your transaction history.
- Any pending transfers to that account will stop, so check for scheduled payouts before you delete it.
- You can add a different bank account to Square at any time after removing the old one.
- If Square has flagged your account for review, you may not be able to remove the bank account until the review is complete.
Steps to remove your bank account through the Square dashboard
Log into your Square account on a computer or through the Square app. On the dashboard, look for the menu icon (three horizontal lines) in the top left corner, then tap or click Settings.
Once you are in Settings, find and select Bank Accounts or Linked Bank Accounts — the exact name depends on which version of Square you use. You will see a list of any bank accounts connected to your Square account. Next to the account you want to remove, look for a menu icon or a button labeled Remove, Delete, or three dots. Tap or click it, then confirm that you want to remove the account.
Square will ask you to confirm once more before the account is deleted. After you confirm, the account is disconnected when ready. You will no longer receive deposits to that account, and Square will not be able to pull money from it for refunds or chargebacks.
What happens to money already sent or scheduled to that account
If Square has already sent a deposit to the account before you removed it, that money stays in the account — removing the account from Square does not reverse deposits that have already landed. You will need to handle that money through your bank.
If you had a scheduled payout or transfer set to go to that account, it will not process once you remove the account. Square will pause the transfer. You can add a new bank account and reschedule the payout, or you can contact Square support to ask what happens to the pending amount.
Adding a new bank account after you remove the old one
You do not have to add a new account right away. Square will hold any future deposits in your Square Cash balance until you connect a bank account again. However, if you want deposits to go directly to your bank, you will need to add a new account.
To add a new bank account, go back to Settings > Bank Accounts and look for a button that says Add Bank Account or Connect Bank Account. You will need your routing number and account number, which you can find on a check or by logging into your bank's website. Square will verify the account by depositing two small amounts (usually under a dollar) into it, and you will need to confirm those amounts to complete the connection.
Why you might not be able to remove an account
In most cases, you can remove a bank account whenever you want. However, if Square is reviewing your account for fraud, unusual activity, or compliance reasons, you may be temporarily blocked from removing or changing bank account information. This is a safety measure to prevent someone with unauthorized access from disconnecting your account and rerouting your money.
If you see a message saying you cannot remove the account, check your email for any notices from Square about account review or restrictions. You can contact Square support to ask when the review will be complete and when you will regain access to change your bank account settings.
Removing an account does not affect your Square history or standing
Disconnecting a bank account is a routine change and does not harm your Square account in any way. Your transaction history, customer records, and sales data all stay exactly as they are. You can remove and add accounts as many times as you need without penalty.
If you are removing the account because you are closing your Square account entirely, that is a different process — you would need to contact Square support to request account closure. But if you just want to stop using one particular bank account, removing it from settings is all you need to do.
Frequently Asked Questions
Can I remove my bank account if I have a negative balance in Square?
Square may block you from removing the account if you owe money to Square or if there is a chargeback or refund pending. Contact Square support to ask about your specific situation — they can tell you whether the negative balance is preventing the removal and what you need to do to clear it.
What if I remove my account by accident?
You can add it back when ready by going to Settings > Bank Accounts > Add Bank Account and entering the same routing and account numbers. Square will re-verify the account with two small deposits, which usually takes one to two business days. Your old transaction history is not affected.
Do I need to tell Square I am removing my account?
No. Removing the account through your settings is all you need to do. You do not need to contact support or send a message unless you have pending transfers or questions about what happens to money already sent.
Can someone else remove my bank account if they have access to my Square account?
Yes, which is why you should use a strong, unique password for Square and enable two-factor authentication if it is available. If you think someone removed your account without permission, contact Square support when ready and ask them to review your account activity.
Will removing my bank account affect my ability to receive payments through Square?
No. You can still accept payments from customers. The deposits will go into your Square Cash balance instead of your bank account. You can withdraw them to a bank account later once you add a new one, or you can use the balance to make purchases through Square.