Canadian Thanksgiving & Columbus Day - Oct 12, 2020

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. 
Three-day credit date

If you schedule processing on (processing date) Your bank accounts will be credited on
Wed. Oct 7 Tue. Oct 13
Thu. Oct 8 Wed. Oct 14
Fri. Oct 9 Thu. Oct 15
Mon. Oct 12 Fri. Oct 16
Tue. Oct 13 Fri. Oct 16
Four-day credit date

If you schedule processing on (processing date) Your bank accounts will be credited on

Tue. Oct 6

Tue. Oct 13

Wed. Oct 7

Wed. Oct 14

Thu. Oct 8

Thu. Oct 15

Fri. Oct 9

Fri. Oct 16

Mon. Oct 12

Mon. Oct 19

Tue. Oct 13

Mon. Oct 19

Five-day credit date

If you schedule processing on (processing date) Your bank accounts will be credited on
Mon. Oct 5 Tue. Oct 13
Tue. Oct 6 Wed. Oct 14
Wed. Oct 7 Thu. Oct 15
Thu. Oct 8 Fri. Oct 16
Fri. Oct 9 Mon. Oct 19
Mon. Oct 12 Tue. Oct 20
Tue. Oct 13 Tue. Oct 20

 

Good to know:

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