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 settlement lag was disclosed to you either within your welcome email or upon account review. 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. May 18 | Fri. May 21 |
| Wed. May 19 | Tue. May 25 |
| Thu. May 20 | Wed. May 26 |
| Fri. May 21 | Thu. May 27 |
| Mon. May 24 | Fri. May 28 |
| Tue. May 25 | Fri. May 28 |
Four-day credit date
| If you schedule processing on (processing date) | Your bank accounts will be credited on |
|---|---|
| Mon. May 17 | Fri. May 21 |
| Tue. May 18 | Tue. May 25 |
| Wed. May 19 | Wed. May 26 |
| Thu. May 20 | Thu. May 27 |
| Fri. May 21 | Fri. May 28 |
| Mon. May 24 | Mon. May 31 |
| Tue. May 25 | Mon. May 31 |
Five-day credit date
| If you schedule processing on (processing date) | Your bank accounts will be credited on |
|---|---|
| Fri. May 14 | Fri. May 21 |
| Mon. May 17 | Tue. May 25 |
| Tue. May 18 | Wed. May 26 |
| Wed. May 19 | Thu. May 27 |
| Thu. May 20 | Fri. May 28 |
| Fri. May 21 | Mon. May 31 |
| Mon. May 24 | Tue. Jun 1 |
| Tue. May 25 | Tue. Jun 1 |
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.