Victoria Day (Canada) - May 22, 2023

If you process any bank-to-bank files you will be affected by bank holidays.

This impacts direct debit, direct payments, EFT, ACH, Sage direct deposit payroll, Sage vendor payments, and Sage pre-authorized debit.

Must know:

  • Within your welcome email, a settlement lag was disclosed to you. Use this settlement lag to confirm your credit date for the upcoming bank holiday. You can contact Customer Care if you are unsure.
  • Nothing will process on the bank holiday. 
  • The cutoff time for batch processing is 11 am PST. Your batch files must be uploaded before then to process that day. 
  • We can not guarantee that requests for a line item or date change to batches will be approved after the cutoff time. It is your responsibility to ensure batches are uploaded on time.
Three-day credit date

If you schedule processing on (processing date) Your bank accounts will be credited on
Tue. May 16 Fri. May 19
Wed. May 17 Tue. May 23
Thu. May 18 Wed. May 24
Fri. May 19 Thu. May 25
Mon. May 22 Fri. May 26
Tue. May 23 Fri. May 26

 

Four-day credit date

If you schedule processing on (processing date) Your bank accounts will be credited on
Mon. May 15 Fri. May 19
Tue. May 16 Tue. May 23
Wed. May 17 Wed. May 24
Thu. May 18 Thu. May 25
Fri. May 19 Fri. May 26
Mon. May 22 Mon. May 29
Tue. May 23 Mon. May 29
Five-day credit date
If you schedule processing on (processing date) Your bank accounts will be credited on
Fri. May 12 Fri. May 19
Mon. May 15 Tue. May 23
Tue. May 16 Wed. May 24
Wed. May 17 Thu. May 25
Thu. May 18 Fri. May 26
Fri. May 19 Mon. May 29
Mon. May 22 Tue. May 30

 

Good to know:

  • You can schedule a batch to process in advance.
  • Any line item change or batch date change is a minimum charge of $25.00.
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