International Bill Payments

Float supports making USD-to-USD wire payments to various countries, helping businesses handle global transactions seamlessly.

How to Make International Bill Payments

1. Go to the Bill Pay page > Go to the "Unpaid" tab > Open the bill for your international vendor
2. Ensure that the bill currency is in USD 
3. Add the vendor's payment details by selecting the "View payment details" button
   • Ensure the vendor's currency is in USD
   • Select the payment destination country (See: Full List of Supported Countries)
   • Add the Wire payment details
   • Add the mailing address details
   • Select the "Save" button at the top right
4. Once the payment details have been added, select the "Set payment date" button to schedule the payment. See: How to Schedule Bill Payments.
5. Once a payment date has been set, the bill will be moved to the "Payments" tab, where an Administrator can authorize funds to be released. See: Authorizing Funds Release

Important Reminders:

• Double-check vendor banking details to avoid payment failures
• USD international Wire transfers usually take 1-3 business days to arrive, depending on the receiving bank and country. See: Payment Processing Timelines
• If a wire payment fails or is returned, Administrators will be notified, and the funds will be returned to your Float Cash balance. See: Handling Reversed / Failed Bill Payments

International payments in other currencies

International Bill Payments are currently only supported for USD-to-USD wire transfers. Invoices in other currencies from international vendors can be uploaded to Float Bill Pay and paid in USD.

• The vendor must be configured in USD
• Float Bill Pay will record the non-USD amount in USD once the invoice is uploaded to Float as a Draft bill
  • Float will not automatically convert the non-USD amount to the USD equivalent. The invoices total will need to be manually updated to reflect the appropriate conversion value
• The payment will be sent in USD. If the vendor's bank account is not in USD, the receiving bank may be able to convert the USD payment to the account currency at the receiving bank's own rate
• For example: A €1000 EUR bill is uploaded to Float Bill Pay for a vendor configured in USD
  • Float will record the invoice total as $1000 USD in the draft bill
  • You’ll need to manually update the bill total to reflect the correct converted amount - in this case,  $1,150 USD (amount for illustration only)
  • When the payment is sent, if the vendor’s bank account is in EUR, their receiving bank will convert the $1,150 USD into EUR at their own exchange rate

Full List of Supported Countries

In addition to Canada and the United States, the countries below are supported for USD-to-USD international wire payments. If a country is not listed, it is not supported: