Bank Transfer Fees: What You Pay Per Transaction
Bank transfers on Prio carry a small per-transaction fee — there's no monthly fee, no setup fee, and no software subscription. You only pay when you get paid. The full fee schedule is listed below, so you can see exactly what each transfer costs before you send your first invoice.
Under $2,000
For transfers under $2,000, the fee is $1.00 plus 1% of the amount, with the 1% capped at $5.00. A $450 transfer costs $5.50 ($1 + $4.50), and a $500 transfer costs $6.00 ($1 + the $5 cap).
$2,000 – $4,999.99
Bank transfers carry a flat $10.00 fee for payments from $2,000 through $4,999.99.
$5,000 and above
Bank-transfer fees are a flat $15.00 for payments of $5,000 and above.
Card payments follow a separate percentage-based fee schedule; the rates on this page cover bank transfers only.