Inbound Transfer Timelines to Float Business Accounts

Please review this article to learn about the approximate timelines to receive payments sent to your Float Business Accounts.

This article will also inform you of the cutoff times per transfer type - after the cutoff time, processing effectively begins on the following business day. 

To locate the Float Business Account details needed to receive ETF, ACH, Wire or Fedwire payments, please see: Using Float Business Accounts to Receive Payments

For timelines related to funding Float from a connected bank account or via Interac e-Transfer, see: How long does a funding transfer to Float take to complete?

Inbound Transfer Timelines

If the sender's bank completes outbound processing of a payment to your Float Business Account prior to the cutoff time on a business day, refer to the "If sent before cutoff" ETA in the table below. 

If the sender's bank completes outbound processing of a payment to your Float Business account after the cutoff time on a business day, refer to the "If sent after cutoff ETA. Note that there may be a delay between the payment being created by the sender and the sender's bank completing outbound processing. 

If a payment is initiated on a weekend or bank holiday, processing effectively starts on the following business day.

Some Important Considerations on Transfer Timelines:

• Wire (SWIFT) and Fedwire processing times may vary based on which bank or payment processing platform was used to initiate the transfer

• Processing times are not guaranteed and can be affected by various factors as the sender's bank, intermediary banks or Float's own banking partners.