QuickBooks allows you to manage your accounts and other important financial records easily and effectively. It allows you to connect your bank account in Bank Feeds so that you can easily manage all your transactions. However, sometimes there can be situations when the QuickBooks software could not verify your financial institution. It may cause due to various factors such as incorrect Bank ID, the ID code couldn’t get recognized by QuickBooks or the financial institution is not supported by QuickBooks.

QuickBooks Is Unable To Verify The Financial Institution

It can be a very frustrating thing as it restricts you from making various important transactions. This article will help you in sorting out the QuickBooks Is Unable To Verify The Financial Institution issue manually. You can also contact us at our toll-free QuickBooks Payroll Support Phone Number +1800-210-5289 to get instant support for all your QB issues.

This article will provide you all the possible solutions for this banking error. However, before moving onto the solution steps, you are supposed to perform the following steps in order to ensure that you are able to import the QBO file in QuickBooks Desktop.

  • Open the QBO file in Microsoft Excel or Notepad
  • Navigate to the 20th line and you will find <INTUIT.BID>2002.
  • Change the last four digits from 2002 to 3003 and then save the file.
  • Then upload the file to your QuickBooks application.

QuickBooks Is Unable To Verify The Financial Institution: Resolution

This is a basic solution for the issue and it is temporary in nature. To get a permanent resolution for this issue, you can contact us at our toll-free QuickBooks Error Support Number +1800-210-5289. Follow the below mentioned steps to resolve this banking error:

  • Locate the figir.txt file and open it in notepad.

For Windows 8/7/Vista users

  • Press Windows + E to open the Windows Explorer.
  • Navigate to the folder C:\ProgramData\…………………… \filist.

For Windows XP users

  • Press Windows + E to open the Windows Explorer.
  • Navigate to the folder C:\ProgramData\…………………… \filist.
  • Locate the bank MB Financial.
  • You will be shown four sets of numbers on your screen in a pattern of xxxx xxxx xxxx xxxx. Note it down. 
  • Open the .QBO file via notepad and find <FID>, <BANKID> or <BID> in it.
  • Change the numbers displayed against the characters mentioned in the above point.
  • Apply the changes and try to make a transaction using the Bank Feeds.

Resolve QuickBooks Banking Issues

The steps provided in this article are not for a permanent solution as it was mentioned earlier. You might be facing this error due to some server related issues from your bank’s side. In that case, you can contact your financial institution to help you. If the issue is occurring in your QuickBooks software and you can’t resolve it manually then you can get in touch with us at our toll-free QuickBooks Technical Support Number +1800-210-5289 to get your issues resolved instantly.

QuickBooks Is Unable To Verify The Financial Institution

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