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roperinvests-gma
Level 1

Does anyone have a holding company AND Quickbooks checking? I can’t get approved for any bank so far. New startup, second qb account, don’t get it. Any suggestions?

 
2 Comments 2
Rea_M
Moderator

Does anyone have a holding company AND Quickbooks checking? I can’t get approved for any bank so far. New startup, second qb account, don’t get it. Any suggestions?

I'll provide information about QuickBooks Checking eligibility so you can plan your approach to handling payment transactions with your second QuickBooks account, roper.

 

When you apply for QuickBooks Payments, it doesn't guarantee qualification for QuickBooks Checking. Your business's certain uses, transactions, types, or activities that are prohibited according to Intuit's Acceptable Use Policy are the factors.

 

If you believe your application was declined or disapproved in error, ensure the information you provided is correct and submit it again.

 

To get answers to the frequently asked questions about QuickBooks Checking, please see this article: Learn more about QuickBooks Checking.

 

Also, I'm adding this article to find out more about how QuickBooks Payments handles your deposit and funds: Find out when QuickBooks Payments deposits customer payments.

 

Let me know in the comments if you have other concerns about your QuickBooks Payments account and QuickBooks Checking criteria. I'm always around to help.

roperinvests-gma
Level 1

Does anyone have a holding company AND Quickbooks checking? I can’t get approved for any bank so far. New startup, second qb account, don’t get it. Any suggestions?

I appreciate the response. 

I believe my LLC was classified incorrectly as some other financial business. There have not been any transactions and this is a brand new LLC. Nothing has happened. Need a bank account for anything to happen anyway.

 

its just a holding company that will have ownership in other LLC’s. It’s not anything with liens or mortgages or any of that. 

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