How to remove your bank account from Square
You can remove a bank account from Square through your account settings in the Square app or on the web dashboard. Go to your account settings, find the linked bank accounts section, and select the account you want to remove. Square will give you the option to delete it immediately. The account stops receiving deposits right away, but any pending transfers may still process depending on their status.
If you're removing the account because you want to use a different bank, you can add a new one before or after deleting the old one. Square lets you link multiple accounts at once, so you don't have to wait. If you're closing your Square account entirely, removing the bank account is one step in that process, but the account itself stays active until you formally close it.
Key Takeaways
- Log into Square on the web or app, go to Account Settings, and select the bank account you want to remove from the linked accounts list.
- Removing a bank account stops new deposits to that account but does not cancel your Square account or affect existing transactions.
- Pending transfers that were already scheduled may still complete even after you remove the account, depending on when they were initiated.
- You can add a replacement bank account before removing the old one so deposits don't pause.
- If you want to stop using Square entirely, removing the bank account is separate from closing your account.
Steps to remove a bank account through the Square app
Open the Square app and tap the profile icon or menu button in the bottom right or top left, depending on your device. Select Account Settings or Settings. Look for a section labeled Bank Accounts, Linked Accounts, or Transfers—the exact name varies by app version.
Tap or click on the bank account you want to remove. You should see an option to Remove, Delete, or Disconnect the account. Tap it. Square will ask you to confirm the removal. Once you confirm, the account is removed from your Square profile and will no longer receive deposits.
Steps to remove a bank account through the Square web dashboard
Log into your Square account at squareup.com or squareonline.com depending on which product you use. Click your profile icon or avatar in the top right corner and select Account Settings.
In the left menu, find and click Bank Accounts or Transfers. You'll see a list of all linked bank accounts. Click the account you want to remove. Look for a Remove or Delete button, usually near the bottom of the account details or in a menu. Click it and confirm when Square asks you to verify the removal.
What happens to pending transfers when you remove an account
If you remove a bank account that has a transfer already in progress, the outcome depends on how far along the transfer is. Transfers that have already been sent to your bank will complete normally—removing the account from Square doesn't stop a transfer that's already left Square's system. Transfers that are scheduled for a future date but haven't been sent yet may be cancelled, depending on Square's processing timeline.
To be safe, check your transfer history before removing an account. In Square, go to Transfers or Banking and look at recent and scheduled transfers. If a transfer is still pending and you're not sure whether it will go through, contact Square Support before removing the account. They can tell you the exact status and whether the transfer will complete.
Adding a new bank account before removing the old one
You don't have to remove your old account before adding a new one. Square lets you link multiple bank accounts to the same profile. If you want to switch banks, add the new account first, then remove the old one. This way your deposits never pause.
To add a new account, go to Account Settings and select Add Bank Account or Link Bank Account. Square will ask for your routing number and account number, or it may let you connect through your bank's login. Once the new account is verified and active, you can safely remove the old one.
Removing a bank account does not close your Square account
Deleting a bank account from Square only removes that one payment method. Your Square account stays open and active. You can still use Square's other features—accepting payments, managing inventory, running your online store, or sending invoices—you just won't have a bank account linked to receive deposits.
If you want to close your entire Square account, that's a separate action. You'll need to go to Account Settings and look for a Close Account or Deactivate Account option. Before closing, make sure you've resolved any outstanding balances or disputes, and that you've removed or transferred any stored payment methods or customer data you need to keep.
Troubleshooting: Account won't delete or remove option is missing
If you can't find the remove option, your app or browser may be out of date. Update the Square app from your device's app store, or clear your browser cache and try again on the web dashboard. Sometimes the option only appears after you've added a replacement account, especially if the account you're trying to remove is your only linked bank account.
If the remove button is greyed out or disabled, there may be a pending transfer or an unresolved issue with that account. Check your transfer history and dispute history to see if anything is still in progress. If you've confirmed there are no pending transfers and the button still won't work, contact Square Support through the app or at squareup.com/help. They can manually remove the account or explain why it's locked.
Frequently Asked Questions
Will removing my bank account affect my Square transactions or sales history?
No. Removing a bank account does not delete your transaction history, sales records, or customer data. It only stops that account from receiving future deposits. All your past sales and records stay in Square.
How long does it take for a bank account removal to take effect?
The removal is immediate in Square. However, if a transfer was already sent to your bank before you removed the account, your bank will still process it. Future deposits will go to your new account if you've linked one, or they'll hold in Square's system until you add a bank account.
Can I remove a bank account if I have a balance owed to Square?
Yes, you can remove the account itself. However, if you owe Square money—for example, from a chargeback or fee dispute—Square may not be able to collect the debt without a linked bank account. Resolve any outstanding balances before removing your only payment method.
What if I remove my bank account by mistake?
You can add it back immediately by going to Account Settings and selecting Add Bank Account. Use the same routing and account numbers. Square will verify the account again, which usually takes one to two business days. During that time, deposits will pause.
Do I need to notify my bank when I remove an account from Square?
No. Removing the account from Square's side does not affect your bank account itself. Your bank account remains open and active. You only need to contact your bank if you want to revoke Square's permission to access your account, which is a separate step done through your bank's settings.