Victoria Day - May 24, 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 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.
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