How to Resolve QuickBooks is unable to verify the financial institution Error?

QuickBooks Unable to verify financial institution appears when QuickBooks is not able to identify the specific bank ID.

QuickBooks Unable to verify financial institution error pops up with the message:

“QuickBooks is not able to verify the financial institution information for the given download. Please try again later”.

Causes:

●       QuickBooks does not accept Bank ID.

●       .QBO was not created properly.

●       .QBO files were built from CSV or excel files.

How to get QuickBooks Unable to verify financial institution error resolved?

Solution 1: Open QuickBooks in excel/notepad

●       Choose the line “20-<INTUIT.BID>2002.

●       Proceed to change the last 4 digits to 3000.

●       Save these changes.

●       Upload that file in the QuickBooks.

Temporary Solution:

Find Fidir.txt and open the file in the notepad.

Find the bank’s name in the ‘MB financial’ and you will see the 4 sets of numbers,  which appear in the format “XXXXXXXXXXXXXXXXXXXX”.

Open the .QBO file and search for <FID>, <BANKID> and change the number which is there next to the characters with the number given in FIDIR.

To Conclude!!!

 Get instant help to get rid of QuickBooks Unable to verify financial institution error, connect to QuickBooks enterprise support at +1-888-485-0289. 

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