Send Money is the simplest way to pay anyone directly from your Float Cash balance, with no invoice or approval workflow required. Whether you're paying a contractor, a vendor, or making a quick transfer, Send Money gets it done.
Guide Overview
What payment methods does Send Money support?
How does Send Money work?
Send Money follows three steps:
-
Select a recipient:
- Search for an existing recipient or add a new one on the spot
- If you've paid them before, their banking details are pre-filled automatically
-
Enter the details:
- Add the amount, currency, funding source, payment date and a payment purpose
- You can add an attachment or add a memo as well
-
Submit for authorization:
- Submit the payment for funds authorization
Once submitted, the payment appears on your Payments page alongside your Bill Pay and Reimbursement payments, and moves through the same Needs Authorization, Scheduled, and Complete stages.
For more details, see: Accounts Payable Payments Page Overview
Who can use Send Money?
Access to the Send Money feature is limited to users whose role permissions allow them to access the Payments page.
The following roles can access the Payments page:
- Administrators
- Bookkeepers
- AP Clerks
Administrators have full access to manage payments, including authorizing funds release and rescheduling or unscheduling payments.
Bookkeepers and AP Clerks can view and track payments across the payment process, but cannot:
- Authorize funds for release
- Reschedule or unschedule payments
What payment methods does Send Money support?
Send Money uses the following payment rails:
-
EFT (CAD and USD):
- Domestic payments in CAD
- USD for CA-domiciled businesses paying USD-denominated vendor banks
- ACH (USD only): Domestic US payments
- Wire transfer (CAD and USD): International and cross-border payments
What are the fees?
- EFT (CAD and USD): No fee
- ACH (USD): No fee
- Wire Transfer (CAD and USD): $20