Important: SEPA TARGET Closing Days 2019 and 2020

It is critical that you’re aware of the TARGET closing days (TARGET public holidays) since your SEPA payments will not be processed on these dates. You must avoid submitting SEPA payments for execution date or value date equal to a SEPA holiday / TARGET closing day. Any payments will have to be made in advance or the bank will typically roll the date forward to the next processing day.

Please note TARGET closing days / SEPA holidays are shown in red. To restate, Payments submitted on the TARGET closing dates will be processed on the next working day. Of course all payments are important, but take particular note for payroll payments since you don’t want to upset your employees by making late salary payments.┬áThe other indicated public holidays are for your information only.

Reference: European Central Bank: ECB – Public Holidays

European Public Holidays & SEPA TARGET Closing Days 2019

New Year’s Day* 1 January, 2019
Good Friday* 19 April, 2019
Easter Monday* 22 April, 2019
Labour Day* 1 May, 2019
Anniversary of Robert Schuman’s Declaration 9 May, 2019
Ascension Day 30 May, 2019
Whit Monday 10 June, 2019
Corpus Christi 20 June, 2019
Day of German Unity 3 October, 2019
All Saints’ Day 1 November, 2019
Christmas Eve 24 December, 2019
Christmas Day* 25 December, 2019
Christmas Holiday* 26 December, 2019
New Year’s Eve 31 December, 2019
* : TARGET closing day

European Public Holidays & SEPA TARGET Closing Days 2020

New Year’s Day* 1 January, 2020
Good Friday* 10 April, 2020
Easter Monday* 13 April, 2020
Labour Day* 1 May, 2020
Anniversary of Robert Schuman’s Declaration 9 May, 2020
Ascension Day 21 May, 2020
Whit Monday 1 June, 2020
Corpus Christi 11 June, 2020
Day of German Unity 3 October, 2020
All Saints’ Day 1 November, 2020
Christmas Eve 24 December, 2020
Christmas Day* 25 December, 2020
Christmas Holiday* 26 December, 2020
New Year’s Eve 31 December, 2020
* : TARGET closing day

 

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