Christmas and Boxing Day - Dec 26 and 27, 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. Dec 20 Fri. Dec 23
Wed. Dec 21 Wed. Dec 28
Thu. Dec 22 Thu. Dec 29
Fri. Dec 23 Fri. Dec 30
Mon. Dec 26 Tue. Jan 3
Tue. Dec 27 Tue. Jan 3
Wed. Dec 28 Tue. Jan 3

 

Four-day credit date

If you schedule processing on (processing date) Your bank accounts will be credited on
Mon. Dec 19 Fri. Dec 23
Tue. Dec 20 Wed. Dec 28
Wed. Dec 21 Thu. Dec 29
Thu. Dec 22 Fri. Dec 30
Fri. Dec 23 Tue. Jan 3
Mon. Dec 26 Wed. Jan 4
Tue. Dec 27 Wed. Jan 4
Wed. Dec 28 Wed. Jan 4
Five-day credit date

If you schedule processing on (processing date) Your bank accounts will be credited on
Fri. Dec 16 Fri. Dec 23
Mon. Dec 19 Wed. Dec 28
Tue. Dec 20 Thu. Dec 29
Wed. Dec 21 Fri. Dec 30
Thu. Dec 22 Tue. Jan 3
Fri. Dec 23 Wed. Jan 4
Mon. Dec 26 Thu. Jan 5
Tue. Dec 27 Thu. Jan 5
Wed. Dec 28 Thu. Jan 5

 

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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