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October 21, 2021
Question

Does it take several days for QB to transfer received money into my biz checking account?

  • October 21, 2021
  • 1 reply
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1 reply

JoesemM
October 21, 2021

Allow me to provide details about the funding time in QuickBooks, @healivdeg-gmail-.

 

Funding times will depend on how fast your external bank (i.e., funding account) processes the transfer. Also, deposits may vary depending on the following factors:

 

  • Time of day you enter transactions.
  • Weekends and federal holidays.
  • The financial institution where transactions are deposited.
  • How long does it take for your bank to verify and process electronic deposits?

 

The approximate wait time for credit card payments to be transferred to your bank would take 5-7 banking days, while ACH deposits may take 7-10 business days. To learn more about this, you can refer to this article: Find out when QuickBooks Payments deposits customer payments.

 

Meanwhile, you can track your transactions through the Merchant Service Center:

 

  1. Log in to your Merchant Service account.
  2. Click Activity & Reports and select Deposits.
  3. Use the Date fields to filter the data.

 

If you haven't received the funds on the allocated time, I'd recommend getting in touch with our QuickBooks Payments Support so they can help check the status of your deposits.

 

Then, to answer the most commonly asked about payments deposits in QuickBooks Online, you can refer to this article: QuickBooks Payments FAQs.

 

That should do it. Feel free to leave a comment below if you have any other questions about QuickBooks Payments. I'd be happy to help you out. Have a good one, @healivdeg-gmail-.