The bank transfer fee says it’s 1%, max $10 per transaction. Does this mean if I get a transfer of 20k I’ll be charged $10 or $200?

Welcome to the Community, @javiermjaar. I'm here to share information about the processing fees when using QuickBooks Payments.

Yes, you're right about the bank transfer (ACH) payments will be charged a 1% fee (max $10) per transaction. In your case, if you receive a transfer of $20,000, the fee would be calculated as 1% of $20,000, which is $200. However, since the maximum fee is $10 per transaction, you would only be charged $10 for this transfer. 

Also, our funding speed and cost are updated to be in line with the market standards. For more details about this, check out these links for guidance: 

• Keep cash flow strong with faster deposits
• Common questions about payment deposits in QuickBooks Online

Keep me in the loop if you have any other QuickBooks questions or concerns. I'm always around to help you. Wishing you more success in your business!