Payment processing times at weekends and on public holidays

The weekend is about to begin. Has your payment order to a supplier been processed before you leave the office on Friday? And what about the processing timelines on holidays?

Processing timelines at weekends and on public holidays

You can submit your payment orders 24 hours a day via the Rabo Mobile Banking App, Rabo Online Banking, Rabo Internet banking (Professional) and the Rabofoon. Single payments (up to €2.000.000,-) will be credited directly to the account of the beneficiary also during the weekends and holidays, if the bank of the beneficiary supports the instant processing of payment orders (Rabobank, ING, ABN AMRO, Volksbank, Knab, Triodos and Nederlandse Waterschapsbank). For payments above €2.000.000,-, payment files and payments to accounts with banks that do not support the instant processing of payments, a longer processing time applies. Five examples:

  • You submit a single payment order of €20,- to an account with a bank which supports the instant processing of payments: the amount will be credited directly to the beneficiary account.
  • You submit a payment file to a bank account within The Netherlands: the amount will be credited to the beneficiary account the next working day.
  • You submit Euro’s to an account with a bank within The Netherlands, which does not support the instant processing of payments: the amount will be credited to the beneficiary the next working day.
  • You submit Euro’s to an account with a bank outside the Netherlands, but within the SEPA area: the beneficiary’s bank determines when the money is credited to the beneficiary account. We have no influence over when payments to other banks will effectively be credited on the beneficiary account.
  • You submit a payment in a foreign currency or a payment outside the SEPA area (World Payment): other processing timelines applies. The beneficiary’s bank determines when the money is credited to the beneficiary account.

These countries are part of the SEPA area (in Dutch)

Timelines of Europayments, World Payments and Euro Direct Debits (PDF)

Payments on Public Holidays

Europayments and Euro Direct Debits within the SEPA area

Does the beneficiary of your single Europayment banks with Rabobank, ING, ABN AMRO, Volksbank, Knab, Triodos or Nederlandse Waterschapsbank? Your payment, up to €2.000.000,-, will be credited directly on the beneficiary account, also during the holidays. We call this Instant Payments. For other Europayments (SEPA) and Euro Direct Debits, different processing times are applicable on holidays. This applies to the following (international) holidays: 

  • Good Friday 
  • Easter Sunday and Easter Monday 
  • Labour day (May 1st) 
  • Christmas Day and Boxing Day 
  • New Year’s day 

See the overview below to check when: 

  • A payment order will be transferred to the bank of the beneficiary. 
  • A Euro Direct Debits batch will be processed if the execution date is a holiday.


 

Europayments (Instant Payments*)

Other Europayments (SEPA**)

Euro Direct debit 

Good Friday  

Credited directly

The next working day (Tuesday)

The next working day (Tuesday)

Easter Sunday

Credited directly

The next working day (Tuesday)

The next working day (Tuesday)

Easter Monday

Credited directly

The next working day (Tuesday)

The next working day (Tuesday)

Labour Day (May 1st)

Credited directly

The next working day

The next working day

Christmas Day

Credited directly

The next working day

The next working day

Boxing Day

Credited directly

The next working day

The next working day

New Year's Day

Credited directly

The next working day    

The next working day

* Single Europayments up to €2.000.000,- to Rabobank, ING, ABN AMRO, Volksbank, Knab and Triodos with the exception of future dated and periodic payments and payments that require a second signature.

** Payment files, future dated and periodic payments, payments that require a second signature, payments to banks which do not support the direct processing of payments and payments to other banks in Europe (outside the Netherlands).

For King’s day, Liberation Day, Ascension Day, Whit (Pentecost) Sunday and Whit (Pentecost) Monday the normal processing timelines for Europayments and Euro Direct Debits are applicable.

On most holidays, the bank branches and help desks are closed. It is possible to transfer money online. See below for the details per holiday.


Euro Payments

The processing times for your payments to bank accounts within the Single Euro Payments Area (SEPA) are set out below for the various public holidays. We have no influence over when payments to other banks will effectively be on the beneficiary’s account; that is up to the receiving bank.

Whit Sunday (31 May 2020)

We will not send any euro payments on this day. If you submit a euro payment with Sunday, 31 May as its processing date, we will transfer the payment to the beneficiary’s bank on Monday, 1 June. If your payment must reach the beneficiary’s bank before 31 May, you need to transfer the money on Friday, 29 May before 2.30 p.m. We will then send the payment on the same day. Payments submitted after 2.30 p.m. will be transferred to the beneficiary’s bank on Monday, 1 June.

Whit Monday (1 June 2020)

We will send euro payments as usual on this day. If you submit a euro payment before 2.30 p.m. on Monday, 1 June for processing on that date, we will transfer the payment to the beneficiary’s bank on the same day. If we receive the payment order after that time, we will send the money on the next banking day.

Christmas Day (25 December 2020)

We will not send any euro payments on this day. If you submit a euro payment with Friday, 25 December as its processing date, we will transfer the payment to the beneficiary’s bank on Monday, 28 December. If your payment must reach the beneficiary’s bank before 25 December, you need to transfer the money on Thursday, 24 December before 2.30 p.m. We will then transfer the payment on the same day. Payments submitted after 2.30 p.m. will be transferred to the beneficiary’s bank on Monday, 28 December.

Boxing Day (26 December 2020)

We will not send any euro payments on this day. If you submit a euro payment with Saturday, 26 December as its processing date, we will transfer the payment to the beneficiary’s bank on Monday, 28 December. If your payment must reach the beneficiary’s bank before 26 December, you need to transfer the money on Thursday, 24 December before 2.30 p.m. We will then transfer the payment on the same day. Payments submitted after 2.30 p.m. will be transferred to the beneficiary’s bank on Monday, 28 December.

New Year’s Day (1 January 2021)

We will not send any euro payments on this day. If you submit a euro payment with Friday, 1 January as its processing date, we will transfer the payment to the beneficiary’s bank on Monday, 4 January. If your payment must reach the beneficiary’s bank before 1 January, you need to transfer the money on Thursday, 31 December before 2.30 p.m. We will then make sure the payment is transferred before the end of 2020. Payments submitted after 2.30 p.m. will be transferred to the beneficiary’s bank on Monday, 4 January 2021.  



Euro Direct Debits

The processing times for your euro direct debits are set out below.


Whit Sunday (31 May 2020)

We will not send any euro direct debits on this day. If your direct debit instruction must be processed before 31 May, you need to submit the instruction no later than on Thursday, 28 May at 7 a.m. (core euro direct debit) or no later than on Thursday, 28 May at 11 a.m. (B2B euro direct debit). We will process euro direct debit instructions with processing date Monday 1 June. 

Whit Monday (1 June 2020)

We will send euro direct debits as usual on this day. If you submit a euro direct debit instruction on Monday, 1 June for processing on that date, we will process it the same day.

Christmas Day (25 December 2020)

We will not send any euro direct debits on this day. If your direct debit instruction must be processed before 25 December, you need to submit the instruction no later than on Wednesday, 23 December at 7 a.m. (core euro direct debit) or no later than on Wednesday, 23 December at 11 a.m. (B2B euro direct debit). We will process euro direct debit instructions with processing date Wednesday, 25 December on Monday, 27 December.

Boxing Day (26 December 2020)

We will not send any euro direct debits on this day. If your direct debit instruction must be processed before 26 December, you need to submit the instruction no later than on Wednesday, 23 December at 7 a.m. (core euro direct debit) or no later than on Wednesday, 23 December at 11 a.m. (B2B euro direct debit). We will process euro direct debit instructions with processing date Saturday, 26 December on Monday, 27 December.

New Year’s Day (1 January 2021)

We will not send any euro direct debits on this day. If your direct debit instruction must be processed before 1 January 2020, you need to submit the instruction no later than on Wednesday, 30 December at 7 a.m. (core euro direct debit) or no later than on Wednesday, 30 December at 11 a.m. (B2B euro direct debit). We will process euro direct debit instructions with processing date Friday, 1 January 20210 on Monday, 4 January.

World payments

On the following (International) holidays no payments in foreign currencies to banks within and outside the SEPA area, or payments in Euro’s outside the SEPA area will be send: 

  • Good Friday 
  • Easter Sunday and Easter Monday 
  • Labour day (May 1st) 
  • Christmas Day and Boxing Day 
  • New Year’s day

Payments with an execution day on one these above mentioned holidays will be transferred to the bank of the recipient the next working day. For King’s day, Liberation Day, Ascension Day, Whit (Pentecost) Sunday and Whit (Pentecost) Monday the normal processing timelines are applicable. 

The beneficiary's bank determines when the money is credited to the beneficiary account. Rabobank has no influence on this. Please be aware that for payments from and to a Rabo Network Banking accounts other processing times can be applicable. Please refer to ‘Rabo Network Banking (RNB)’ on this page for more information.

View the cut-off times for the different currencies (in Dutch)

Paper-based payments and PIN receipts

Is your payment a paper-based payment? These payment orders are only processed on working days and not during the holidays. PostNL delivers the paper-based payments to us from Tuesday until Saturday. PIN receipts will be credited directly on your bank account, also during the weekends and holidays.

Opening hours of your Rabobank

At weekends and on most holidays, the bank branches and help desks are closed.  Do you want to know the exact opening hours of your Rabobank?

Find out the opening hours of your Rabobank (in Dutch)