How to fix "QuickBooks is unable to verify the financial institution"

.QBO files are the web connects files which store the online banking transactions. The error in web connect import can result in the occurrence of QuickBooks unable to verify the financial institution information- error. 

 


What are the prominent reasons for the occurrence of QuickBooks unable to verify the financial institution information- error?

  • The QuickBooks being used is older than three years from the latest version.
  • .QBO file not downloaded correctly. 
  • .QBO files were created using third party applications. 
  • .QBO file which was downloaded in the US version is being imported to QuickBooks’ Canadian version.

 

Some of the ways to fix QuickBooks is unable to verify the financial institution information- error is:

 

Solution 1: Switching bank mode.

  • From the bank feeds option, you need to select classic mode. 
  • Try importing the .qbo files. 

 

Solution 2: Download only .qbo file.

  • Open banking in QuickBooks.
  • Go to bank feeds.
  • Choose the banking sector. 
  • Go to your bank. 
  • Click Download transaction.
  • Sign in to the bank's website. 
  • Download .qbo file.

 

Solution 3: Downloading the web connector from the bank.

  • Sign in to the bank’s website.
  • Search web connector file.
  • Download it.
  • Open QuickBooks.
  • Open your company files.
  • Import .qbo file.

Need more help to fix QuickBooks unable to verify the financial institution information- error? Connect to QBSsolved at +1(888) 910 1619.

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