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Holdings
Business Bank

Square Banking Business Fees

Square Banking is convenient if you already process payments through Square, but it lacks wire transfers, charges for instant transfers, and earns low

Fee Breakdown

Free
Monthly Fee
Free
ATM Fee
Free
Domestic Wire
Free
International Wire
$0
Overdraft Fee
N/A
Foreign Tx Fee

💡 Fee waiver: None

Details

ATM NetworkBank ATMs
APY1.50%
Free Checks❌
Mobile Deposit✅
Zelle✅

✅ Pros

  • • Established business bank
  • • Modern banking features

❌ Cons

  • • Limited branch access

Square Banking Business vs Holdings

FeeSquare Banking BusinessHoldings
Monthly Fee Free Free
ATM Fee Free Free
Domestic Wire Free Free
Overdraft $0 $0
Foreign Tx N/A 0%

Compare Other Banks

Associated Bank $12/mo Axos Bank Free Azlo Free Bank of America $16/mo Bluevine Free BMO $10/mo

Related Resources

Routing #Square Banking Business Routing NumbersGlossaryACH (Automated Clearing House)GlossaryACH (Automated Clearing House)GlossaryAPY (Annual Percentage Yield)SWIFTInternational Wire Transfer (SWIFT) Codes

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Holdings: $0 monthly, $0 ATM, $0 wires, $0 overdraft. Plus bookkeeping and ops built in.

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