Independence Day (USA only) - July 4, 2024

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
Fri. Jun 28 Wed. Jul 3
Mon. Jul 1 Fri. Jul 5
Tue. Jul 2 Mon. Jul 8
Wed. Jul 3 Tue. Jul 9
Thu. Jul 4 Wed. Jul 10
Fri. Jul 5 Wed. Jul 10

 

Four-day credit date

If you schedule processing on (processing date) Your bank accounts will be credited on
Thu. Jun 27 Wed. Jul 3
Fri. Jun 28 Fri. Jul 5
Mon. Jul 1 Mon. Jul 8
Tue. Jul 2 Tue. Jul 9
Wed. Jul 3 Wed. Jul 10
Thu. Jul 4 Thu. Jul 11
Fri. Jul 5 Thu. Jul 11
Five-day credit date

If you schedule processing on (processing date) Your bank accounts will be credited on
Wed. Jun 26 Wed. Jul 3
Thu. Jun 27 Fri. Jul 5
Fri. Jun 28 Mon. Jul 8
Mon. Jul 1 Tue. Jul 9
Tue. Jul 2 Wed. Jul 10
Wed. Jul 3 Thu. Jul 11
Thu. Jul 4 Fri. Jul 12
Fri. Jul 5 Fri. Jul 12

 

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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