Martin Luther King Jr. Day (USA Only) - Jan 17, 2022

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. Jan 11 Fri. Jan 14
Wed. Jan 12 Tue. Jan 18
Thu. Jan 13 Wed. Jan 19
Fri. Jan 14 Thu. Jan 20
Mon. Jan 17 Fri. Jan 21
Tue. Jan 18 Fri. Jan 21

 

Four-day credit date

If you schedule processing on (processing date) Your bank accounts will be credited on
Mon. Jan 10 Fri. Jan 14
Tue. Jan 11 Tue. Jan 18
Wed. Jan 12 Wed. Jan 19
Thu. Jan 13 Thu. Jan 20
Fri. Jan 14 Fri. Jan 21
Mon. Jan 17 Mon. Jan 24
Tue. Jan 18 Mon. Jan 24
Five-day credit date

If you schedule processing on (processing date) Your bank accounts will be credited on
Fri. Jan 7 Fri. Jan 14
Mon. Jan 10 Tue. Jan 18
Tue. Jan 11 Wed. Jan 19
Wed. Jan 12 Thu. Jan 20
Thu. Jan 13 Fri. Jan 21
Fri. Jan 14 Mon. Jan 24
Mon. Jan 17 Tue. Jan 25
Tue. Jan 18 Tue. Jan 25

 

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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