Will the holiday affect payouts for the week of Thanksgiving?
Typically your payments are batched on Thursdays and in my account friday morning. But this Thursday is Thanksgiving and banks are closed, so will payouts be affected?
Thank you for taking the time to answer this for me.
Regards,
DesignSamples
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2 Comments »
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As with all US Federal Reserve Holidays your payment may be delayed by a few days due to Thanksgiving day falling on Thursday. The typical delay reported by our suppliers in the past has been 1-2 bank business days but you will need to check with your bank for an exact time frame.
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When a holiday is on a Thursday; this year – Thanksgiving, Christmas and the New Year
Wednesday – Payments generate as normal
Thursday – No activity US banks are closed
Friday – Payments are issued at noon just like it was Thursday