How do I apply for faster deposit speeds for bank transfers? I don't have an upgrade option in my account & settings yet.

Hello there, @office-orroofguy.

At this time, we don't have the option to apply for faster deposit speeds for bank transfers in QuickBooks Online.

With this, I recommend contacting our Merchant Services Team. They have the tools needed to pull up and look up into your account. And change your deposit schedule successfully.

I've attached an article you can read to learn more about contacting our Merchant Service Team: QuickBooks Merchant Services or QuickBooks Online Support - Who Should I Contact for Help?

Just in case, you can also check out this article for more information: Next-day deposits for QuickBooks Payments.

If you have any other concerns, please don't hesitate to click the Reply button. I'll be around to help you out.

What is the criteria for qualifying for faster deposit speed on ACH bank transfers?

What is the criteria for qualifying for faster deposit speed on ACH deposits?

Hello there, @office-orroofguy.

Let me share some information about the criteria in qualifying for the next-day deposits. The eligibility is determined by various factors, such as processing activity and history. You can upgrade to next-day deposits to get customer payments into your bank account faster.  

I'll show you how: 

1. In QuickBooks account, go to Settings ⚙ and choose Account and Settings.
2. Select the Payments tab.
3. If you’re eligible for next-day deposits, select Upgrade in the Deposit Speed section. Remember that eligibility is determined by various factors, such as processing activity and history.
4. Follow the onscreen steps to upgrade.

Once you're ready to start getting next-day deposits, you'll get a confirmation email from us. 

I've added this article to guide you on how quickly QuickBooks puts customer payments into your bank account.

If you need further assistance, just click the Reply button. I'd be glad to help you. Have a great day.

Hi Grace, 

I've followed your advise and contacted support, they are telling me that if the option isn't already in my settings to upgrade, they can not help.  The option has to be there.  Can you please assist? 

Hello there, @jtaticzek.

The next-day deposits depend on the qualifying criteria. As mentioned by my colleague above, it determined by several factors to be eligible for the next-day deposit. Let me guide you through the steps on how to upgrade it.

Since you have the option to upgrade, please follow the detailed steps below:

1. Click the Gear icon, then select Account and Settings.
2. Go to the Payments tab.
3. Review the Deposit Speed section.
4. If you’re eligible for next-day deposits, you'll see Upgrade.
5. Follow the onscreen steps to upgrade.

Here's an article you can read for more details: Get paid faster with next-day deposits.

You might also want to check out this article to know when QuickBooks Payments deposits customer payments: Find out when QuickBooks Payments deposits customer payments.

Please let me know if you need clarification about this, or there's anything else I can do for you. I'll be standing by for your response. Have a great day and keep safe.