Memorial Day (USA Only) - May 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. 
  • 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 25 Fri. May 28
Wed. May 26 Tue. Jun 1
Thu. May 27 Wed. Jun 2
Fri. May 28 Thu. Jun 3
Mon. May 31 Fri. Jun 4
Tue. Jun 1 Fri. Jun 4

 

Four-day credit date

If you schedule processing on (processing date) Your bank accounts will be credited on
Mon. May 24 Fri. May 28
Tue. May 25 Tue. Jun 1
Wed. May 26 Wed. Jun 2
Thu. May 27 Thu. Jun 3
Fri. May 28 Fri. Jun 4
Mon. May 31 Mon. Jun 7
Tue. Jun 1 Mon. Jun 7
Five-day credit date

If you schedule processing on (processing date) Your bank accounts will be credited on
Fri. May 21 Fri. May 28
Mon. May 24 Tue. Jun 1
Tue. May 25 Wed. Jun 2
Wed. May 26 Thu. Jun 3
Thu. May 27 Fri. Jun 4
Fri. May 28 Mon. Jun 7
Mon. May 31 Tue. Jun 8
Tue. Jun 1 Tue. Jun 8

 

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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