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Easter is fast approaching and businesses are urged to plan ahead to avoid payment delays

12.3.2018

 

​With Easter well on its way, Bacs Payment Schemes Limited (Bacs), the people behind Direct Debit and Bacs Direct Credit in the UK, is reminding businesses to plan ahead to avoid missing important payments.

Good Friday (30 March 2018) and Easter Monday (2 April 2018) are both Bank Holidays and are classed as ‘non-processing days’, meaning payments must be scheduled to take this into account.

For example, if payments are due to arrive ahead of the Easter break, then the latest a Bacs payment file can be submitted is Tuesday 27 March. For payments due to be made or collected on 3 April, files will need to be submitted by Wednesday 28 March.

Mike Hutchinson from Bacs said: “Easter is creeping up on us and a little planning now, taking into account the non-processing days, can avoid any important payments to staff or suppliers being delayed.

“We’d also like to remind businesses that payment files can be submitted up to 30 days in advance, while we have also produced a helpful calendar which provides details of all the processing dates around public holidays for the rest of 2018.”

The Bacs processing calendar, listing all the non-processing dates for 2018, is available from:
www.bacs.co.uk/processingcalendar.

For further information contact our press office​.​​​