I'd assume a 24-48 hour delay is plausible for anti-laundering controls. A week or more, which is standard with Intuit, is not plausible - the feds would not require that of anyone in our situation - they are not here to stop the economy in its tracks. Plus, these are small amount domestic transactions (in the case of our business, a few a month, anywhere from $100 - $2500, and always from a different one-time client). The small amount of business we do this way is unlikely to flag as a risk for a laundering scheme.
So I maintain that, in the context of QBO holding on to their clients' money for more than a week on ACH's, it's bizarre to excuse is as an FBI thing. I think Intuit would be offering up that same excuse if true because it would add legitimacy to what is simply a cynical business practice.
I said at the beginning of this thread: It's not complicated: They want their 3% on your credit card transactions. If you're going to use an ACH instead, where they make nothing above their existing subscription charges that we already pay, then they will find another way to make money on it. Holding the money for a week is one way.
