Don’t get delayed over Easter weekend, say payment experts
5 April, 2017
Experts have urged businesses to “plan ahead” so that payments to staff and suppliers do not get delayed over the Easter weekend.
The advice, from Bacs Payment Schemes, reminds owners that Friday 14 April and Monday 17 April are classed as public holidays, and therefore do not count as payment processing days.
For payments to arrive before the Easter weekend, it says payments must be filed by Tuesday 11 April.
Likewise, for payments made immediately after the weekend, the latest a business can issue a payment is Wednesday 12 April.
Mike Hutchinson, of Bacs, said: “Easter is fast approaching and we don’t want businesses to be caught out with important payments being delayed because payment files have not been submitted taking those bank holidays into account. Planning ahead is essential if staff and suppliers are to be paid, and customer payments collected, on time.
“Payment files can be submitted up to 30 days in advance and a helpful processing calendar is available from our website which gives details of all the processing dates around public holidays for the rest of 2017.”
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