Resolve QuickBooks Bank Error 102 with Easy Steps

QuickBooks by Intuit was made for small to medium-sized business owners. Even though QuickBooks is an excellent accounting program with cutting-edge technology, it still has some technical issues and error codes. Many mistakes and issues can happen when using the QuickBooks desktop or a business file. One of the issues we are here to discuss i.e. QuickBooks error 102.

Today, we’ll look at QuickBooks Error 102, which can occur during website maintenance. To fully grasp how to solve this problem, we recommend reading the article below.

What Does QuickBooks Error Code 102 Mean? 

QuickBooks Error 102 is a common issue that can occur in QuickBooks Online and QuickBooks Self-Employed. It often arises when using these platforms to connect to a bank’s website. Several factors can contribute to this error, including server downtime, website maintenance, and issues with data transfer between QuickBooks and the bank’s server.

To address this error effectively, it’s important to identify the underlying cause. Here are some potential causes and their corresponding solutions:

What are the Reasons Behind QuickBooks Error 102? 

Consider the following possible reasons for encountering Banking Error 102:

  • New Bank Account or Credit Card: If you recently opened a bank account or obtained a new credit card, this error may occur.
  • Bank-Related Issues: Technical problems on the bank’s end, such as server outages or website maintenance, can also lead to this error.
  • Incorrect Credentials: Entering incorrect login credentials, such as your username or password, when accessing your bank account can result in this error.
  • Network Connection Issues: Poor or unstable network connectivity may also cause QuickBooks Error Code 102.

What are the Possible Ways to Get Rid of QuickBooks Error Code 102? 

Solution 1: Ensure that the Account Details are Correct

To fix banking error 102 in QuickBooks Online, follow these steps:

  1. Log in to your bank account using the URL provided by your bank for online banking.
  2. If you cannot connect the account to the bank:
    • Click on the menu and then choose Banking.
    • If linking to the bank for the first time, click Search and look for the bank name.
    • Choose the Add Account option and find the name of your bank.
    • Once you select your bank, enter the credentials to log in to it.
    • Tap on Continue and then choose Connect securely.
    • To connect your bank, click on the bank symbol from the drop-down menu.
    • Select the bank type or credit card account. If you don’t have an account, click on the Add + New option.
    • QuickBooks will automatically download the online transactions for the last 90 days.
    • Choose Connect again.
    • Once you are done with the process, go back to the banking page.
    • Choose the Review tab and accept the QuickBooks transactions.

Solution 2: Perform Manual Updates to QuickBooks Online

  1. Begin by clicking on the “Menu” button and selecting the “Banking” option.
  2. Next, choose the “Clear Unwanted Accounts” option to update your accounts.
  3. Then, click on the “Update Now” button to proceed.
  4. You will need to provide your MFA (Multi-factor Authentication) credentials.
  5. Finally, click on the “Continue” button to save the changes.

Solution 3: Update Bank Connections

  1. To begin, log into your QuickBooks Self-Employed account.
  2. Next, select the profile icon from the Bank accounts menu.
  3. Finally, click on Refresh all and verify whether QuickBooks online error 102 has been resolved.

Solution 4: Verify whether the account is new to the bank

Opening a new bank account or credit card can present similar challenges. Some new accounts may not offer online banking capabilities, which can be frustrating. If you encounter this issue, it is important to contact the bank or credit card provider directly to resolve it.

Solution 5: Wait until the bank takes action

If none of the above solutions resolve your issue, consider exercising patience and waiting for the bank’s response. The bank might need additional time to address such matters, as they may be working on their server to resolve the QuickBooks banking error 102. To ensure an effective resolution, it’s crucial to allow at least 24 hours for the bank to take appropriate action.

Also Read: QuickBooks Connection Diagnostic Tool


Likely, you have successfully resolved QuickBooks Banking Error 102 after following the guidance provided in this informative post. Ignoring minor details in QuickBooks can lead to various issues. Therefore, users often seek reliable technical assistance as soon as they encounter an error. This ensures that errors are addressed promptly and effectively.

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