This error occurs when QB does not accept any particular Bank ID. It is a serious issue because due to this one error an employee or employer can get stressed in their work. So, it is recommended that fix this error as fast as possible.
QuickBooks deals with all your accounting and financial needs properly. You can comfortably link your bank account with the QuickBooks application. However, at times, you may notice that QuickBooks is unable to verify the financial institution.