Float makes it easy to reimburse employees directly in CAD or USD.
Reimbursements can be funded from your pre-funded Float balance or — if you're on the Professional plan — from a connected bank account. Funds are sent via:
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EFT (CAD)
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ACH (USD)
Per-Payout Fees
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EFT (CAD): $1*
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ACH (USD): $1*
*Starting August 1, 2025, Float will no longer charge fees for ACH and EFT payments.
Invoicing Schedule
On the 1st of each month, your business will be invoiced for all reimbursement payout fees from the previous month.
For example, fees for September are invoiced on October 1.
The invoiced amount is automatically deducted from your pre-funded Float balance.