New Years (USA Only) - Dec 31, 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:

  • 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
Tue. Dec 21 Fri. Dec 24
Wed. Dec 22 Wed. Dec 29
Thu. Dec 23 Thu. Dec 30
Fri. Dec 24 Fri. Dec 31
Mon. Dec 27 Tue. Jan 4
Tue. Dec 28 Tue. Jan 4
Wed. Dec 29 Tue. Jan 4

 

Four-day credit date

If you schedule processing on (processing date) Your bank accounts will be credited on
Thu. Dec 23 Thu. Dec 30
Fri. Dec 24 Mon. Jan 3
Mon. Dec 27 Mon. Jan 3
Tue. Dec 28 Tue. Jan 4
Wed. Dec 29 Wed. Jan 5
Thu. Dec 30 Thu. Jan 6
Fri. Dec 31 Fri. Jan 7
Mon. Jan 3 Fri. Jan 7
Five-day credit date

If you schedule processing on (processing date) Your bank accounts will be credited on
Wed. Dec 22 Thu. Dec 30
Thu. Dec 23 Mon. Jan 3
Fri. Dec 24 Tue. Jan 4
Mon. Dec 27 Tue. Jan 4
Tue. Dec 28 Wed. Jan 5
Wed. Dec 29 Thu. Jan 6
Thu. Dec 30 Fri. Jan 7
Fri. Dec 31 Mon. Jan 10
Mon. Jan 3 Mon. Jan 10

 

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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