Martin Luther King Jr. Day (USA Only) - Jan 18, 2021

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:

  • A US bank holiday only affects those physically in the US. Canadian USD accounts are not affected by this bank holiday. 
  • 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. Jan 12 Fri. Jan 15
Wed. Jan 13 Tue. Jan 19
Thu. Jan 14 Wed. Jan 20
Fri. Jan 15 Thu. Jan 21
Mon. Jan 18 Fri. Jan 22
Tue. Jan 19 Fri. Jan 22

 

Four-day credit date

If you schedule processing on (processing date) Your bank accounts will be credited on
Mon. Jan 11 Fri. Jan 15
Tue. Jan 12 Tue. Jan 19
Wed. Jan 13 Wed. Jan 20
Thu. Jan 14 Thu. Jan 21
Fri. Jan 15 Fri. Jan 22
Mon. Jan 18 Mon. Jan 25
Tue. Jan 19 Mon. Jan 25
Five-day credit date

If you schedule processing on (processing date) Your bank accounts will be credited on
Fri. Jan 8 Fri. Jan 15
Mon. Jan 11 Tue. Jan 19
Tue. Jan 12 Wed. Jan 20
Wed. Jan 13 Thu. Jan 21
Thu. Jan 14 Fri. Jan 22
Fri. Jan 15 Mon. Jan 25
Mon. Jan 18 Tue. Jan 26
Tue. Jan 19 Tue. Jan 26

 

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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