Dwolla makes connecting businesses to the ACH Network simple and straightforward.

However, ACH payments are complex so we always try to communicate the issues that might impact an ACH payment, including banking holidays.

According to the Federal Reserve, U.S. banks will be closed on the following holidays in 2020 and 2021:

  • Christmas Day – Dec. 25, 2020 (Friday)
  • New Year’s Day – Jan. 1, 2021 (Friday)
  • Martin Luther King Jr. Day – Jan. 18, 2021 (Monday)
  • Presidents Day – Feb. 15, 2021 (Monday)
  • Memorial Day – May 31, 2021 (Monday)
  • Independence Day – July 4, 2021 (Sunday)*
  • Labor Day – Sept. 6, 2021 (Monday)
  • Columbus Day – Oct. 11, 2021 (Monday)
  • Veterans Day – Nov. 11, 2021 (Thursday)
  • Thanksgiving Day – Nov. 25, 2021 (Thursday)
  • Christmas Day – Dec. 25, 2021 (Saturday)*

Download a Free PDF Calendar of the 2021 Dates

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How Do Bank Holidays Impact ACH Payments?

Do payments clear on holidays?

ACH transfers do not clear on bank holidays. Similar to initiating a payment on a typical weekend, if you’re initiating your payment on a banking holiday processing times will be delayed until the next business day.

If a bank holiday falls on a weekday

For example, if you initiate a payment on Christmas Day that falls on Tuesday, it won’t actually initiate until Wednesday, the next operating business day.

*If a bank holiday falls on a weekend

In addition, if a banking holiday falls on a Saturday or Sunday, it could also affect your payment processing date. For example, if a federal holiday falls on a Saturday, it is usually observed on the preceding Friday. Likewise, when the holiday falls on a Sunday, it is usually observed on the following Monday.

When working with ACH payments, it’s important to understand the ins and outs of the ACH system.

Additional Resources

With Dwolla, our support team will make sure you’re notified of potential issues—including banking holidays.

We’ll also make sure you’re notified of potential developments with the ACH Network. You can read this blog about our faster payments proposal to the Federal Reserve or this Forbes article about our work on the Faster Payments Task Force.

If you would like to learn more about ACH transfer times, read our blog post for detailed information about ACH transfer times.


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