Thanksgiving Day (Canada) and Columbus Day (USA) - Oct 10, 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:

  • 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. Oct 4 Fri. Oct 7
Wed. Oct 5 Tue. Oct 11
Thu. Oct 6 Wed. Oct 12
Fri. Oct 7 Thu. Oct 13
Mon. Oct 10 Fri. Oct 14
Tue. Oct 11 Fri. Oct 14

 

Four-day credit date

If you schedule processing on (processing date) Your bank accounts will be credited on
Mon. Oct 3 Fri. Oct 7
Tue. Oct 4 Tue. Oct 11
Wed. Oct 5 Wed. Oct 12
Thu. Oct 6 Thu. Oct 13
Fri. Oct 7 Fri. Oct 14
Mon. Oct 10 Mon. Oct 17
Tue. Oct 11 Mon. Oct 17
Five-day credit date

If you schedule processing on (processing date) Your bank accounts will be credited on
Fri. Sep 30 Tue. Oct 11
Mon. Oct 3 Tue. Oct 11
Tue. Oct 4 Wed. Oct 12
Wed. Oct 5 Thu. Oct 13
Thu. Oct 6 Fri. Oct 14
Fri. Oct 7 Mon. Oct 17
Mon. Oct 10 Tue. Oct 18
Tue. Oct 11 Tue. Oct 18

 

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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