Do payments debit on the weekend?
Payments by credit card will occur 7 days a week.
If the payment is ACH (bank checking/savings) then no debits will occur on weekends or holidays.
The system will not debit on the 29th, 30th or 31st.
Valid days of the month for ACH debit are 1-28.
The system will send the payment to the processor the day before the debit date in order to process or debit the payment on the debit date.
If the debit date falls on a Saturday or Sunday it will be delayed to Monday.
Should Monday be a Federal banking Holiday the debit will occur on Tuesday.
Example 1:
The debit date is Monday the 15th; the payment will be sent on Friday the 12th.
Should Monday the 15th be a banking Holiday then the debit will occur on Tuesday the 16th.
Example 2:
The debit date is Sunday the 21st; the payment will be sent on Friday the 19th.
Should Monday the 22nd be a banking Holiday then the debit will occur on Tuesday the 23nd.