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SiteReplicaLLC
Level 2

Account Closure & Withheld Payment

Hello everyone,

 

I wanted to share a concerning experience I recently had with QuickBooks and see if anyone else has faced a similar situation. I've been using QuickBooks for a week without any hitches. However, after sending an invoice to my client, and confirming the payment was received by QuickBooks, I was stunned to get an email notifying me that my account had been closed.

 

I immediately reached out to QuickBooks' customer support. After spending a considerable amount of time on the phone, I was simply told an ambiguous "it was a business decision" and they couldn’t provide any further details. Now, I’m left without access to the payment my client made, which is critical for my business operations.

 

Has anyone else encountered such a situation with QuickBooks?

 

  • No clear reason given for account closure.
  • Funds from a client's payment are now inaccessible.
  • Lack of transparency and effective communication from QuickBooks.


I truly hope this is a one-off incident, but I felt it was essential to raise awareness. If anyone has any advice or similar experiences, please share. Thanks for reading!

3 Comments 3
Angelyn_T
QuickBooks Team

Account Closure & Withheld Payment

Hi, SiteReplicaLLC.

 

It looks like you've asked a similar question and one of my colleagues has already given an answer. You can access her reply from here: https://quickbooks.intuit.com/learn-support/en-us/banking/re-merchant-account-closed-all-of-a-sudden....

 

You can also discover more about funds getting on hold from this article: Why are my funds on hold?.

 

If you have follow-up questions, let me know by leaving a comment below. I'm more than happy to help you again. Keep safe!

SiteReplicaLLC
Level 2

Account Closure & Withheld Payment

Thank you for your response. But this is unhelpful as she did not resolve my issue.

Hope220
Level 3

Account Closure & Withheld Payment

google search this and look at the community comments, this has been going on for years. QB uses Greendot bank, file complaints with BBB, federal reserve banking commission for Utah, join the FB group, state attorney general, etc. Many many people do not get their money back for years! call eight six six, six five two, four six one one, option 1, extension one two six nine and email complaintsupprt at greendotcorp.com

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