You can check for your contractor payments on the same bank account that you use for your payroll service. Please ensure that you're subscribed to online payroll to use the contractor direct deposit feature.
Also, contractor's direct deposit is set to post on the next business day before 5pm your local time.
Here's an article that will give your more information: Contractor direct deposit for QuickBooks Online Payroll and QuickBooks Full Service Payroll.
Please let us know if you need further assistance. We'll make sure to get back to you.