What is Presentation Float?

Presentation float is the time between when a check is deposited and when the related funds are withdrawn from the payer's checking account. It is somewhat shorter than the availability float, which also includes the time required to make the funds available to the payee. This concept is useful for cash flow forecasting.

The concept of presentation float has become less critical to businesses, now that other forms of payment have gradually replaced a large part of the check payments being made around the world. Depending on the circumstances, it is now more likely that payments will be made through electronic transactions that do not require any presentation float delays.