Yes it will but you can go to the bank’s website & choose the date you want to download from.

Resolution for '1604 transactions issue: 'Upgraded to QB Pro 2017. Used the download feature which brought in 1604 transactions I already have. What do I do?' available: Yes.

The 1604 transactions issue or error code is a known issue in Quickbooks Online (QBO) and/or Quickbooks. Support for this issue is available either by self-service or paid support options. Experts are available to resolve your Quickbooks issue to ensure minimal downtime and continue running your business. First try to resolve the 1604 transactions issue yourself by looking for a resolution described in the article. If it is a complex 1604 transactions issue or you are unable to solve the issue, you may contact us by clicking here or by using other 1604 transactions support options.

For more information about resolving issues related to 1604 transactions in Quickbooks/QBO or to get support for the issue 'Upgraded to QB Pro 2017. Used the download feature which brought in 1604 transactions I already have. What do I do?', click the link below: