It’s important to understand how reimbursements are paid out from Float to your reimbursement requesters. Read more for information on paying reports from your pre-funded Float balance and the processing times.
Float Balance: Reimbursements are paid directly from your pre-funded Float balance. To pay out reimbursements, be sure to have your funding source connected and your account topped up.
Note: Utilize Auto-Funding to ensure your account always has funds loaded.
Payment Processing Time
Since reimbursements are paid from your Float balance, the processing time typically takes 1 business day to process and transfer the funds to the employee's account. This quick turnaround ensures timely reimbursement when using your available spending power.
Note: US banking connections are not currently supported for direct payouts. USD payouts will have to be paid externally and marked as paid in Float.