How To Request QuickBooks Direct Deposit Limit Increase?

In this article, we will talk about how you can request for direct deposit limit increase in your QuickBooks account, and why people should request it. Read the article, we have provided all the related details to aid you and also provided suitable links to provide you with more stuff. For any suggestion or help contact our QuickBooks ProAdvisor toll-free: +1-844-405-0904

Security limits help you to protect from corrupt Automated Clearing House (ACH) activities by covering the amount you send through direct deposit. Therefore, people want to increase their direct deposit limit to QuickBooks Accounts.

NOTE: Sometimes, Intuit QuickBooks may ask you to submit a bank statement. That’s because QuickBooks is required to verify the average historical balance. This will help them in determining whether your account has sufficient balance for the Direct Deposit limit that you’re requesting.

Direct Deposit Limit Increase

Direct deposit security limits protect you from fraudulent activities by capping the amount you send using these services. If you think that the total amount of your year-end payroll or bonus run will be more than your current direct deposit limit, you need to request a file to increase the deposit limit. When employers pay bonuses, they normally increased the limits only once or twice a year.

How do I increase the Direct deposit limit?

You should keep in mind the following information before filing the request:

  • You should have an active payroll subscription with DD service.
  • Payroll service name (QuickBooks Online Payroll)
  • Federal tax ID
  • Company legal name
  • Primary Principal name and email address
  • Request name and email
  • Paycheck Date
  • Requested amount
  • Now, let’s proceed step by step to increase the direct deposit limit.
  • Enter a request, in Intuit Security limit increase
  • Click on Save.

Note: – Within two business hours Intuit will start reviewing your request.

You could be approved right away without paperwork depending on the amounts and paperwork needed, If signed forms are required, we do review updated cases each day.

There could be an additional risk, if any customer attempts to send a Direct Deposit which exceeds the allowed limits. So, you need additional information to decide whether you should approve a larger amount or not.

What to do if the request to increase the Direct Deposit limit is denied?

There are a few things that a business owner can do if your request to increase the direct deposit limit is denied like many companies apply for increasing the limit once or twice a year when they are paying bonuses to their employees. You can pay these bonuses to your employees via check instead of Direct Deposit so you don’t exceed the limit.

Frequently Asked Questions (FAQs)

Is there any other option if I don’t want to increase my direct deposit limit?

Most companies increase the limit only once or twice a year when they pay bonuses. You can consider these options:
1. Instead of using direct deposit, you can consider paying large bonuses by paper check.
2. You can break up your direct deposits into separate check dates.
3. You can also consider 5-day funding when filling out the request.

What is the turnaround time for my request?

The turnaround time is depending upon the amounts and paperwork needed, you could be approved instantly without paperwork. 

I have sufficient funds in my account, then why didn’t it go through?

Intuit payroll services established limits for direct deposits to protect its users from fraud. When any customer tries to send a direct deposit with exceeding limits, Intuit payroll services considers additional risks, so it needs additional information to decide whether to approve it or not. 

The Bottom Line

In this article, we have discussed how you can request the Direct Deposit limit increase in QuickBooks. In addition to this, we have also mentioned the information that will be required for the same process. We have also discussed what to do if your request for increasing the Direct Deposit limit is denied for some reason.

If you still facing any error messages related to the QuickBooks Direct Deposit limit increase then we highly recommend you contact a professional Intuit-certified QuickBooks ProAdvisor that will assist you in the entire procedure. To know more about the accounting and bookkeeping service we offer to call us at our 24/7 toll-free customer support number +1-844-405-0904.

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