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Quicken is Currently Unable To Verify The Financial Institution

quicken is currently unable to verify the financial institution

Many times, while using Quicken you might face the error “Quicken is currently unable to verify the financial institution”. This message appears when Quicken is unable to confirm the information related to the financial institution.
In this blog, you will learn the reasons behind this error. Further, we will discuss various steps methods to resolve the issue effectively.

Currently Supported Quicken Products (Discontinuation Policy)

Quicken ProductDiscontinuation Date
Quicken For Mac 2007 and 2007 for LionSee Quicken Support Policy
Quicken 2015 CanadaMay 31, 2018
Quicken 2016 CanadaMay 31, 2019
Quicken 2015 (Windows and Mac)April 30, 2018
Quicken 2016 (Windows and Mac)April 30, 2019
Quicken 2017 (Windows and Mac)April 30, 2020
Quicken Subscription ProductBased on subscription length purchased

Reasons behind “Quicken is currently unable to verify financial institution information for download”

  • Your system has an incorrect date and time settings.
  • The financial institution does not support Quicken release.
  • The login credentials of the financial institution are incorrect.
  • The account type is not supported by the financial institution.
Get our expert Quickbooks ProAdvisor on call
to resolve your query in no-time.

How to fix “Quicken is currently unable to verify financial institution information for download”?

Time needed: 30 minutes

please follow the instructions given below:

  1. Ensure that you have the latest release of Quicken

    1. The first step is to open Quicken.
    2. Next, go to Help and click on Check for Updates.
    3. Click on Yes if there is any update.

    latest release of Quicken

  2. Refresh your account information with the bank:

    1. Firstly, select the Tools menu and choose an Online center.
    2. Now select Financial Institution from the drop-down arrow.
    3. Press Ctrl+Shift to select Contact Info.
    4. Choose any one account linked with the bank from the drop-down list.
    5. Choose Financial Institution Branding and Profile from the list.
    6. Click on Refresh for updating branding and profile information.
    7. Next, click on OK >> Update/Send button.

    Refresh your account

  3. Deactivate your account

    1. Go to Tools menu and select Account List.
    2. Choose the account you want to deactivate and click Edit.
    3. Click on the Online Services tab from the Account Details window.
    4. Now click on Deactivate option present next to the service.
    5. Select yes to disable the service and then click on OK.
    6. Try your online session again.

    Deactivate your account

  4. Now Reactivate your account

    1. Go to Tools menu & select Account List (Ctrl+A)
    2. Click Edit on the account
    3. Select Online Services
    4. Click Set up Now
    5. Type your access credential (User ID & PWD)
    6. Click Connect
    7. Once account found LINK the account instead of adding it
    8. Click Next to Finish

  5. Confirm your system date and time

    1. Make sure that the date and time settings in your system are correct.
    2. If it is incorrect, then press Windows + R together.
    3. In the Run window, enter Control or Control Panel and hit Ok.
    4. Now click on Clock and Region >> Change date and time.
    5. Click Ok to confirm the changes.

    Confirm your system date and time

We have elaborated every step to help you resolve “Quicken is currently unable to verify the financial institution” quickly. If you still face any issue, talk to our experts and get the issue fixed instantly. Call us on our Quicken Support Desk Number.

More Blogs:

How to Backup or Restore Your Quicken Data
What are Quicken File Extensions?

About The Author

Editorial Team

Editorial Team

At QAsolved, we are a team of skilled professionals dedicated to delivering unparalleled accounting and bookkeeping services. With backgrounds in finance and technology, our collaborative efforts focus on providing practical solutions and guidance. Our services are tailored for a range of businesses, covering advisory, CFO services, bookkeeping, and financial systems consulting. QAsolved is an award-winning consulting firm and Intuit’s #1 QuickBooks Reseller Partner. We offer comprehensive QuickBooks services, including consulting, integration, migration, maintenance, data conversion, training, and support, among other services. Over the years, we have assisted over 30K customers across various industries with their Intuit products.

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