Creating and approving bills in Float is free on all plans. Sending EFT and ACH payments are free, while Wire payments incur a $20 CAD fee per payment.
Per-Payment Fees
- EFT (CAD and USD): No fee
- ACH (USD): No fee
- Wire Transfers: $20 CAD
- SEPA (GBP and EUR): No fee
- Float Card: No fee
These fees apply to all payments made through Bill Pay, regardless of whether they're funded from your Float Cash balance or a connected bank account.
Payments completed via Float Card are still subject to foreign currency conversion fees.
Note that fees are charged per individual invoice payment and are not batched into one payment.
When are fees charged?
Payment fees are billed monthly in arrears:
- You’ll receive a summary invoice on the 1st of each month
- It covers all bill payment fees from the previous month
- The total is automatically deducted from your Float Cash balance
Example: Fees from September are invoiced and deducted on October 1st.
For more details, see: Bill Pay, Reimbursement and Send Money Fees.