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This from Square Up this morning:

You now can receive your hard-earned money even faster with Square. Effective immediately, we’ve eliminated deposit limits on manually-entered transactions for U.S. businesses. No more seven-day windows or $2,002 caps. All payments processed with Square will go straight where they belong: into your bank account. For businesses like yours, larger-ticket, manually entered transactions are simply a necessity. You shouldn’t receive your money on a different schedule than other businesses. No more confusion about when your next deposit will be. Square will be sending all your payments to your bank account in 1-2 business days, regardless of transaction type or deposit size. Thank you for growing with Square.
 
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