Civic Holiday (Canada) - August 7, 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. Aug 1 Fri. Aug 4
Wed. Aug 2 Tue. Aug 8
Thu. Aug 3 Wed. Aug 9
Fri. Aug 4 Thu. Aug 10
Mon. Aug 7 Fri. Aug 11
Tue. Aug 8 Fri. Aug 11

 

Four-day credit date

If you schedule processing on (processing date) Your bank accounts will be credited on
Mon. Jul 31 Fri. Aug 4
Tue. Aug 1 Tue. Aug 8
Wed. Aug 2 Wed. Aug 9
Thu. Aug 3 Thu. Aug 10
Fri. Aug 4 Fri. Aug 11
Mon. Aug 7 Mon. Aug 14
Tue. Aug 8 Mon. Aug 14
Five-day credit date
If you schedule processing on (processing date) Your bank accounts will be credited on
Fri. Jul 28 Fri. Aug 4
Mon. Jul 31 Tue. Aug 8
Tue. Aug 1 Wed. Aug 9
Wed. Aug 2 Thu. Aug 10
Thu. Aug 3 Fri. Aug 11
Fri. Aug 4 Mon. Aug 14
Mon. Aug 7 Tue. Aug 15

 

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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