Oct 21, 2020

Be prepared with the Bacs 2021 processing calendar

Bacs, the organisation behind the Direct Debit and Direct Credit schemes, have published their 2021 processing calendar. It is available to download via the Bacs website in PDF format.

The Bacs processing calendar serves as a valuable tool, highlighting non-input and non-processing days throughout the year. It is important to take note of these when planning your collections and credits so that there is no disruption for your payers and cash flow.

Bacs provides the following tips for processing payments efficiently:

  • Ensure your software reflects Bacs non-processing days. Customers using SmartDebit’s Pulse portal can be assured that the system has non-processing days incorporated.
  • You can submit your file up to 30 calendar days in advance of the processing date. If you cannot submit in advance, Bacs recommend early submission on input day (from 07:00 onwards)
  • Ensure all staff involved in processing your Bacs payments have access to a copy of the Bacs 2021 processing calendar

 

Plan now for Christmas and New Year 2020-21

It is especially important to plan for the upcoming festive period of Christmas and New Year holidays, as there will be additional non-processing days that may lead to payments not being transferred in time. Whether you are collecting payments from customers or paying suppliers or staff, you need to plan in advance.

 

Christmas and New Year 2020 / 21 Bacs processing dates

Payment Arrival Date Processing Date Latest Submission Date
Thursday 24 December Wednesday 23 December Tuesday 22 December
Tuesday 29 December Thursday 24 December Wednesday 23 December
Wednesday 30 December Tuesday 29 December Thursday 24 December
Thursday 31 December Wednesday 30 December Tuesday 29 December
Monday 4 January Thursday 31 December Wednesday 30 December
Tuesday 5 January Monday 4 January Thursday 31 December
Wednesday 6 January Tuesday 5 January Monday 4 January

 

 

If you need any additional support or guidance on understanding Bacs processing dates, please contact our support team here.

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