There is some debate as to the rate at which bounty decreases in ESO and this still isn’t fully understood. You can leave your character in the woods overnight and come back to little or no bounty in the morning. You should also know that bounty decreases even when you are not online. So if you wait long enough (and don’t kill anyone or steal anything) then your bounty will go away all by itself.
So the good news is that bounty decreases over time and will continue to decrease until it reaches nothing. The guards in ESO will keep killing you if you don’t have enough gold on your character (does not include the bank) to pay your bounty and this can be frustrating at times.
How can you lose your bounty level in Elder Scrolls Online? This is a question that gets asked a lot, especially by newer players who have accidentally killed or injured townsfolk and are now wanted by the guards.