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.
- Your settlement lag is included in your initial welcome email. Use it to confirm your credit date for the upcoming bank holiday. If you are unsure, contact Customer Care.
- Nothing will be processed 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. It is your responsibility to ensure batch files are uploaded on time.
- You can upload a batch in advance to process on a specific date.
- We can not guarantee any requests to adjust the credit date.
- There is a credit date change fee of $100 for approved date change requests.
- Any line item change is a minimum charge of $50.
Three-day credit date
| If you schedule processing on (processing date) | Your bank accounts will be credited on |
|---|---|
Mon. Jun 15 | Thu. Jun 18 |
Tue. Jun 16 | Mon. Jun 22 |
Wed. Jun 17 | Tue. Jun 23 |
Thu. Jun 18 | Wed. Jun 24 |
Fri. Jun 19 | Thu. Jun 25 |
Mon. Jun 22 | Thu. Jun 25 |
Four-day credit date
| If you schedule processing on (processing date) | Your bank accounts will be credited on |
|---|---|
Fri. Jun 12 | Thu. Jun 18 |
Mon. Jun 15 | Mon. Jun 22 |
Tue. Jun 16 | Tue. Jun 23 |
Wed. Jun 17 | Wed. Jun 24 |
Thu. Jun 18 | Thu. Jun 25 |
Fri. Jun 19 | Fri. Jun 26 |
Mon. Jun 22 | Fri. Jun 26 |
Five-day credit date
| If you schedule processing on (processing date) | Your bank accounts will be credited on |
|---|---|
Thu. Jun 11 | Thu. Jun 18 |
Fri. Jun 12 | Mon. Jun 22 |
Mon. Jun 15 | Tue. Jun 23 |
Tue. Jun 16 | Wed. Jun 24 |
Wed. Jun 17 | Thu. Jun 25 |
Thu. Jun 18 | Fri. Jun 26 |
Fri. Jun 19 | Mon. Jun 29 |
Mon. Jun 22 | Mon. Jun 29 |