---
title: How do I receive money from Square?
description: "If you use Square to collect payments from customers, you can withdraw your sales proceeds into the World Account. With the World Account, you can hold your multi-currency funds, make conversions at competitive FX rates, remit to your bank account,…"
url: "https://www.worldfirst.com/au/help-center/receiving-payments/square/"
updated: "2026-08-13"
category: Receiving Payments
---

# How do I receive money from Square?

If you use Square to collect payments from customers, you can withdraw your sales proceeds into the World Account. With the World Account, you can hold your multi-currency funds, make conversions at competitive FX rates, remit to your bank account, or pay your third-party suppliers abroad. You can even make purchases at wholesale sites like 1688.com directly with your World Account balance. With a few simple steps, you can start withdrawing your Square funds.

***Note: The following example uses a USD account for demonstration. The steps for other currencies are the same.**

## Step 1 - Set up a Receiving Account

- On your World Account dashboard, go to the **Collections** tab > Click **Manage accounts**

[![](https://mdn.marmot-cloud.com/worldfirst/sites/15/2026/08/20260813174757601-1024x449.webp)](https://mdn.marmot-cloud.com/worldfirst/sites/15/2026/08/20260813174757601-1024x449.webp)

- Click on **Add a new Receiving Account**. You can then select the currency for your receiving account

[![](https://mdn.marmot-cloud.com/worldfirst/sites/15/2026/08/20260813174734951-1024x419.webp)](https://mdn.marmot-cloud.com/worldfirst/sites/15/2026/08/20260813174734951.webp)

- Select the required currency, account usage, marketplace platform, supported bank, and enter an account name. Click **Confirm** to complete your new receiving account

[![](https://mdn.marmot-cloud.com/worldfirst/sites/15/2026/08/20260813174741442-1024x441.webp)](https://mdn.marmot-cloud.com/worldfirst/sites/15/2026/08/20260813174741442.webp)

- Once the account is set up, you can click on **Details** to get the account details

[![](https://mdn.marmot-cloud.com/worldfirst/sites/15/2026/08/20260813174749612-1024x448.webp)](https://mdn.marmot-cloud.com/worldfirst/sites/15/2026/08/20260813174749612.webp)

## Step 2 - Link your Receiving Account to Square

Reminder:

You need to create a receiving account in your World Account before linking it to your **Square account**for payments.

[![](https://mdn.marmot-cloud.com/worldfirst/sites/15/2026/08/20260813174829647-1024x442.webp)](https://mdn.marmot-cloud.com/worldfirst/sites/15/2026/08/20260813174829647.webp)

- Go to **Settings > Account & Settings > Banking > Bank accounts** in the Square Dashboard.
- Select **Add external bank accounts**

[![](https://mdn.marmot-cloud.com/worldfirst/sites/15/2026/08/20260813174836778-1024x455.webp)](https://mdn.marmot-cloud.com/worldfirst/sites/15/2026/08/20260813174836778.webp)

[![](https://mdn.marmot-cloud.com/worldfirst/sites/15/2026/08/20260813174843450-1024x423.webp)](https://mdn.marmot-cloud.com/worldfirst/sites/15/2026/08/20260813174843450.webp)

- Select Link your bank, and enter the bank information

**Filling Tips:**

Fill in or select the bank details exactly as shown in your World Account receiving account

[![](https://mdn.marmot-cloud.com/worldfirst/sites/15/2026/08/20260813174849242-1024x446.webp)](https://mdn.marmot-cloud.com/worldfirst/sites/15/2026/08/20260813174849242.webp)

- Account Type: **Checking**
- Account Holder's Name: **Account holder name**(refer to the details in your World Account receiving account)
- Routing number: **ACH routing number**(refer to the details in your World Account receiving account)

[![](https://mdn.marmot-cloud.com/worldfirst/sites/15/2026/08/20260813174857602-1024x424.webp)](https://mdn.marmot-cloud.com/worldfirst/sites/15/2026/08/20260813174857602.webp)

[![](https://mdn.marmot-cloud.com/worldfirst/sites/15/2026/08/20260813174918257-1024x562.webp)](https://mdn.marmot-cloud.com/worldfirst/sites/15/2026/08/20260813174918257.webp)

- After confirming the information and passing verification, the binding is complete.