Independence Day -July 3, 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

Tue. Jun 30

Mon. Jul 6

Wed. Jul 1

Tue. Jul 7

Thu. Jul 2

Wed. Jul 8

Fri. Jul 3

Thu. Jul 9

Mon. Jul 6

Thu. Jul 9

Five-day credit date

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

Fri. Jun 26

Mon. Jul 6

Mon. Jun 29

Tue. Jul 7

Tue. Jun 30

Wed. Jul 8

Thu. Jul 9

Thu. Jul 9

Fri. Jul 10

Fri. Jul 10

Fri. Jul 3

Mon. Jul 13

Mon. Jul 6

Mon. Jul 13

 

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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