How do banking holidays impact the payment processing timeline?

In the United States, the Federal Reserve, which plays a central role in processing payments between banks, is closed on public holidays. Below, we address how U.S. banking closures may impact the typical payment processing timeline.

[For freelancers outside the U.S., please take note of your local holidays and their impact on your bank's operating hours.]

Holidays falling on a Monday

When a holiday falls on a Monday, there will be a one-day delay in the standard processing timeline, and payments will begin processing on Tuesday morning at the earliest when banking hours resume. These dates are highlighted in teal below.

Holidays falling on a Friday

If a holiday occurs on a Friday, there should be no discernible effect on the standard invoice processing timeline.

Below you will find a list of all Holidays and their observance day in the US.





New Year's Day

Monday, January 1st

Wednesday, January 1st

Thursday, January 1st

Martin Luther King Jr. Day

Monday, January 15th

Monday, January 20th

Monday, January 19th

Washington's Birthday (Presidents Day)

Monday, February 19th

Monday, February 17th

Monday, February 16th

Memorial Day

Monday, May 27th

Monday, May 26th

Monday, May 25th


Wednesday, June 19th

Thursday, June 19th

Friday, June 19th

Independence Day

Thursday, July 4th

Friday, July 4th

Saturday, July 4th*

Labor Day

Monday, September 2nd

Monday, September 1st

Monday, September 7th

Indigenous People’s Day

Monday, October 14th

Monday, October 13th

Monday, October 12th

Veterans Day

Monday, November 11th

Tuesday, November 11th

Wednesday, November 11th

Thanksgiving Day

Thursday, November 28th

Thursday, November 27th

Thursday, November 26th

Christmas Day

Wednesday, December 25th

Thursday, December 25th

Friday, December 25th

*Falls on a Saturday, not observed
**Falls on a Sunday, observed on Monday

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