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Level 1

The QBOFree Online transfer takes 7-8 days for money to hit my account. Is this normal? Anything that can be done to speed this up?

 
4 Comments
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Moderator

The QBOFree Online transfer takes 7-8 days for money to hit my account. Is this normal? Anything that can be done to speed this up?

Welcome, @dsammond.

 

It's nice to see you in the Community. I'm here to share some information about the QuickBooks free bank transfer (ACH).

 

QuickBooks ACH payment deposits can take up to 2-7 business days. The waiting period for the money to hit your account will also depend on how long it takes for the bank to verify and process electronic deposits. You can check the status of your customer payments by logging into the Merchant Service Center.

 

Here's how:

 

1. Go to the Merchant Service Center portal and log in your merchant account.
2. Click the Deposits in the Activity & Reports section and enter the date range, then select Search.

 

For your reference, you can also check out this article for more information: Find out when QuickBooks Payments deposits your money.

 

That's it! Please let me know if you have any follow-up questions or concerns in the comment section below. I'm always here to answer them. Take care and have a great rest of the day.

Highlighted
Level 1

The QBOFree Online transfer takes 7-8 days for money to hit my account. Is this normal? Anything that can be done to speed this up?

I understand how to see the deposits but WHY does it take so long for an efs via a checking account take so long to be released to my bank? Example, customer paid on line through her checking account 4/2/20  and as of 4/8/20 QBO Merchant Services has not yet released it. Happens every time a customer uses his/her checking account. 

 

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Level 14

The QBOFree Online transfer takes 7-8 days for money to hit my account. Is this normal? Anything that can be done to speed this up?

@Tara22 

If using this 3rd party payment service.

https://melio.grsm.io/quickbooks

 

Paying with Bank Transfer (ACH)

Delivered by bank transfer : 3 business days (4 business days for payments over $25K)
Delivered by paper check in the mail : 7 business days

 

Paying with Credit Card

Delivered by bank transfer: next business day
Delivered by paper check in the mail: 7 business days

 

Paying with Debit Card

Delivered by bank transfer: same or next business day
Delivered by paper check in the mail: 7 business days

Highlighted
Level 1

The QBOFree Online transfer takes 7-8 days for money to hit my account. Is this normal? Anything that can be done to speed this up?

I do not agree.  

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