Bacs dates for 2020 confirmed

The retail payment authority Pay.UK has issued dates for 2020 Bacs processing deadlines, taking into account bank holidays

Outlining all of the public holidays throughout next year, the guide also highlights the dates when Bacs payments should be submitted, in order to avoid non-processing days.

The calendar is able to collect bills and salaries paid over public holiday periods, including Christmas and Easter, which can be especially busy times of the year for finance teams, with a higher number of staff traditionally taking annual leave.

Pay.UK is also reminding businesses that Bacs payment files can be submitted up to 30 days in advance, helping organisations to plan in advance of holiday periods such as the bank holidays in Easter, which fall on 10-12 April 2020, and 4 and 25 May 2020.

It is important to ensure that software reflects Bacs non-processing days and make sure all staff involved in processing Bacs payments are aware of deadline dates. 

BACS payment dates

Easter 2020  
Payment arrival  Processing  Latest submission
Thu 9 AprWed 8 AprTue 7 Apr
Tue 14 AprThu 9 Apr Wed 8 Apr
Wed 15 Apr Tue 14 AprThu 9 Apr
Thu 16 Apr Wed 15 Apr Tue 14 Apr
Christmas and New Year 2020/21 
Payment arrival  Processing  Latest submission 
Thu 24 Dec Wed 23 Dec Tue 22 Dec
Tue 29 Dec*Thu 24 Dec Wed 23 Dec   
Wed 30 Dec Tue 29 Dec*Thu 24 Dec
Thu 31 DecWed 30 DecTue 29 Dec*
Mon 4 JanThu 31 DecWed 30 Dec       
Tue 5 JanMon 4 Jan Thu 31 Dec 
Wed 6 JanTue 5 Jan Mon 4 Jan

* Check with payment service provider for entry date and processing day arrangements for accounts held in Northern Ireland.

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