Hello there, execpilot@hotmai.
Thank you for reaching out to the Community. I'll be glad to help you with a wire transfer.
To make sure I'm giving you the correct wire transfer instructions, could you provide me with some more information about what's going on?
Get back to me as soon as you can so I can help you. Take care!
Hello there, I appreciate your immediate response. I'll guide you on how you can make a domestic wire transfer from your QuickBooks Checking account.
Your QuickBooks Checking account holds real money like any other bank account. To transfer money to and from it, you'll first have to connect an external bank account. You may need to set up an account you already linked for online banking a second time for QuickBooks Checking.
To connect a bank account to QuickBooks Checking, here's how:
QuickBooks will send two small deposits to the account within the next 3 days. Once you see them in your account, come back to QuickBooks to verify the transactions. Go to the Business overview, select Cash flow, then select Verify bank.
Then, you're all set to transfer money in and out of your QuickBooks Checking account. To transfer money out of it, here's how:
Once you're done, go ahead and review your QuickBooks Checking transfers. In the Cash flow menu, select the Recent activity section, and click View all. For the complete details, please see this article: Use your QuickBooks Checking account.
Also, to learn more about the Cash Flow menu including the QuickBooks Checking account, envelopes, and the Cash Flow planner, I'd recommend checking out this article: Learn more about QuickBooks Checking accounts and the Cash Flow menu.
Please don't hesitate to comment below if you have other banking concerns and questions about managing your QuickBooks Checking account in QBO. I'll gladly help. Take care, and I wish you continued success.
We are purchasing equipment from another equipment dealer like us. I need to wire $18,000.00 to his Wells Fargo Business Account. How can I do that from a bank that has no place of business?
Hi there, SoutheastEquip.
Right now, paying a dealer via wire transfer isn't available in QuickBooks Online (QBO). You can pay them by Bank Transfer (ACH transfers or eCheck).
You can set it up whenever you want by either entering the vendor's bank account manually or inviting the vendor.
Please know that this feature is only available to users with Online Bill Pay. If you wish to sign-up for Online Bill Pay, please visit the Online Bill Pay page.
To add the vendor's bank account, follow these steps.
To set up a vendor before there are open bills select Set up vendors for bank transfers. You'll need the account number for the vendor.
If you don't want to pay by Bank Transfer, you can go to your bank and manually wire the payment. Then, if your bank account is connected to online banking, QuickBooks will automatically download the latest transactions. All you need to do is categorize and match them to the existing entry in QuickBooks.
Stay in touch with me if there's anything else you need. I'll be around to answer your follow-up questions.
You're correct, @Rainbow8396.
You can accept incoming wire transfers for free with QuickBooks Checking, yet only for domestic transfers. You're unable to send or accept international wire transfers. And yes, you are eligible to receive up to $200,000 per wire transaction.
Make sure of the following details when receiving the transfers:
Here's how you can locate your routing number:
Learn more about QB Checking through this article: Frequently Asked Questions - QuickBooks Checking.
You can also browse QuickBooks Online-related articles containing useful steps and video tutorials about managing your business.
Keep in touch so we can help you further with banking or QuickBooks. Have a good one!