New Years - Jan 1, 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:

  • 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
Tue. Dec 29 Mon. Jan 4
Wed. Dec 30 Tue. Jan 5
Thu. Dec 31 Wed. Jan 6 
Fri. Jan 1 Thu. Jan 7 
Mon. Jan 4 Thu. Jan 7 
Five-day credit date

If you schedule processing on (processing date) Your bank accounts will be credited on
Thu. Dec 24  Tue. Jan 5
Fri. Dec 25 Wed. Jan 6 
Mon. Dec 28  Wed. Jan 6 
Tue. Dec 29 Wed. Jan 6
Wed. Dec 30 Thu. Jan 7
Thu. Dec 31 Fri. Jan 8
Fri. Jan 1  Mon. Jan 11
Mon. Jan 4  Mon. Jan 11

 

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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