How holiday bank closures impact your payout timelines

Holiday bank closures can impact the standard timelines for receiving your payouts. This is because Wave can only deposit funds into your bank account on business days, as deposit instructions sent to your bank are not processed on holidays.

As an example, let's say you are expecting a payment to be deposited on a Monday, but Monday is Labor Day, which is a bank holiday. This means your payout will be deposited on the next business day, the Tuesday after Labour Day. To see an estimated timeline of when a payout will be deposited into your bank account, view your payouts page.

Bank holiday closures do not impact instant payouts, so you can still pay out your available balance on holidays.

Below is a list of bank holidays in the United States and Canada.


United States Canada
New Year's Day New Year's Day
Martin Luther King Jr. Good Friday
Washington's Birthday (Presidents Day) Victoria Day
Juneteenth National Independence Day Canada Day
Memorial Day Labour Day
Independence Day National Day for Truth and Reconciliation
Labor Day Thanksgiving Day
Columbus Day Remembrance Day
Veterans Day Christmas Day
Thanksgiving Day Boxing Day
Christmas Day