Payment float calculator
See how much of your money is stuck in transit on an average day, what that costs you a year, and how much a faster payout would free up. Free, no sign-up, nothing leaves your browser.
- 1Type in your own numbers
- 2The tool works it out
- 3See the answer clearly
For the yearly rate, use what you could earn on savings, or what you pay on an overdraft or loan. The starting numbers are only an example. Money is taken as coming in evenly over a 30-day month.
What float costs you
Float is money that has left your customer but not yet reached you. While it is in transit you cannot spend it, save it or use it to pay down a loan. The more you take and the longer it takes to arrive, the more money is tied up on any given day.
Shrinking the float
Faster payouts shrink the float. Instant systems such as Faster Payments in the UK and SEPA Instant in Europe move money in seconds, while card payouts and slower transfers such as Bacs can take days. Comparing payout times is as worth doing as comparing fees.
See it happen
Your own money app- 1Name it and pick your colours
- 2Choose what it does
- 3Launch when you are ready
Try it
Name your platform and watch it come to life
Type a name, tap a colour and pick what it does. The phone changes as you go.
Colour
What it does
Design and preview your whole platform free, then launch when you are ready.
Launch your own money app
Give your customers GBP, EUR and USD accounts, transfers, payment links and branded cards under your own brand, powered by licensed partners.