Reimbursements allow you to directly issue reimbursement payments from your Float Cash balance to your employees' connected personal bank accounts.
For more information on how to add bank details for users, please visit this Help Centre article: Adding Bank Details for Reimbursement Payments.
Paying From Your Cash Balance
Reimbursements are paid directly from your Float Cash balance only. We recommend reviewing the following articles to ensure that your balance has enough funds in order to prevent any delays with reimbursement payouts.
- Learn more about funding your Float Cash balance here: How does funding work?
- Configure Auto-Funding to ensure a sufficient balance is always present. Learn more here: What is auto-funding and how to enable it?
Charge Customers:
If you are a Charge customer, you can make direct payouts for Reimbursements through your Float Cash balance.
You must ensure that you have available funds in your Cash balance for direct payouts to be successfully processed and paid out. Reimbursement payments do not come from your Charge balance.
For more information on this, please read this Help Centre article
Payment Processing Time
Payments are withdrawn from your Float Cash balance at 12:00 pm EST.
Reimbursements typically take 1 full business day to process and transfer the funds to the employee's connected bank account.