I can see how setting up Instant Payments would help streamline your payment processing, stephaniesmith1.
The Instant Deposit feature is only available for U.S.-based QuickBooks Payments users and is integrated with U.S. financial institutions. That's why you're seeing a list of American banks during the setup process. This feature is not yet available for Canadian customers.
For QuickBooks Payments in Canada, the initial deposit for your first transaction typically takes up to 5 business days while undergoing verification. After the initial setup, subsequent deposits are processed within 1 to 2 business days, depending on your bank.
If you have any follow-up questions, please feel free to reply to this message.
