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May 20, 2025
Question

Why do I get charged a fee for a client to send a bank transfer for payment?

  • May 20, 2025
  • 1 reply
  • 0 views

What is this fee paying for? It’s a free transfer of funds for all parties. Seems like stealing to me.

1 reply

May 20, 2025

QuickBooks Online Payments charges a bank payment fee per transactions, Walingafitness. Let's discuss this further.

 

Upon receiving a bank payment from your client, your bank will charge a fee of either 1% of the payment amount or up to $100, which will be deducted from your account. For more information about transaction fees and other charges, please refer to the article: Bank Payments Fees in QuickBooks Online Payments.

 

Furthermore, if you want to charge your client for the bank transfer, you can manually add service fees to their invoices.

 

Once your payments are processed, you can begin recording them to ensure that invoices are marked as paid. You can find step-by-step instructions in this material: Record invoice payments in QuickBooks Online.

 

Post again if you have more questions about the QBO bank transfer. I'm more than eager to answer them at any time.

May 20, 2025

This “fee” only applies when a client pays through QuickBooks links. If a client pays via e-transfer directly to us our bank does not charge a fee. This “bank fee” is a QuickBooks fee. Where is this money going to? Why is it being charged? It has nothing to do with banks. 

May 20, 2025

In order to clarify these charges, Walingafitness, we need to contact our live support team, as they are the only ones who can access and review your account. Let me direct you to them.

 

Before we contact them, you can check this article here to learn more details about Intuit charges to your credit card or bank account.

 

To contact our live support team, here's how:

 

  1. Open your QuickBooks account using your web browser.
  2. Head to the Help icon, then the Search tab.
  3. Enter Contact US in the search box.
  4. Click Contact Us.
  5. Pick the Chat or Callback option.
     


Moreover, you can start recording invoice payments to ensure your invoices are marked as paid. For more details, you can visit this article: Record invoice payments in QuickBooks Online.

 

If you have further questions about bank transfers and charges in QuickBooks Online, feel free to click the reply button. I'm always here to help.