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 |
|---|---|
| Thu. Dec 19 | Tue. Dec 24 |
| Fri. Dec 20 | Fri. Dec 27 |
| Mon. Dec 23 | Mon. Dec 30 |
| Tue. Dec 24 | Tue. Dec 31 |
| Wed. Dec 25 | Thu. Jan 2 |
| Thu. Dec 26 | Thu. Jan 2 |
| Fri. Dec 27 | Thu. Jan 2 |
Four-day credit date
| If you schedule processing on (processing date) | Your bank accounts will be credited on |
|---|---|
| Wed. Dec 18 | Tue. Dec 24 |
| Thu. Dec 19 | Fri. Dec 27 |
| Fri. Dec 20 | Mon. Dec 30 |
| Mon. Dec 23 | Tue. Dec 31 |
| Tue. Dec 24 | Thu. Jan 2 |
| Wed. Dec 25 | Fri. Jan 3 |
| Thu. Dec 26 | Fri. Jan 3 |
| Fri. Dec 27 | Fri. Jan 3 |
Five-day credit date
| If you schedule processing on (processing date) | Your bank accounts will be credited on |
|---|---|
| Tue. Dec 17 | Tue. Dec 24 |
| Wed. Dec 18 | Fri. Dec 27 |
| Thu. Dec 19 | Mon. Dec 30 |
| Fri. Dec 20 | Tue. Dec 31 |
| Mon. Dec 23 | Thu. Jan 2 |
| Tue. Dec 24 | Fri. Jan 3 |
| Wed. Dec 25 | Mon. Jan 6 |
| Thu. Dec 26 | Mon. Jan 6 |
| Fri. Dec 27 | Mon. Jan 6 |
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.