Buckaroo Support - EN

Waiting days

When an authorisation is offered without a collection date or with an overdue  collection date, the Buckaroo systems will (re)calculate the date. Taking into account the (European) banking days and public holidays. The calendar opposite is part of the explanation of the system.

Here’s an explanation of the timelines within the SEPA schedule.  

Example
Suppose the Merchant offers an authorisation to Buckaroo. Then the following steps apply:

  • The authorisation is offered on the 13th to Buckaroo before 12 a.m.
  • The authorisation is displayed in the consumer’s banking environment for the first time on the 14th (the bank waiting day)

     

  • The direct debit is executed after the bank waiting day and is included in the payout. This is on the 15th and applies to all authorisations.

     

Note:
This example is meant to give you an impression. In reality, the actual date of execution might differ from the date that is determined based on Buckaroo’s calculation. This can differ due to several non-banking days. If the SEPA Direct Debit should be executed on a specific date, this should be mentioned in the transaction request to Buckaroo.

Banking days

The overview below lists each (special) banking day and whether payment services are available on that day.

 

Name of day

Payment services available?

New Year’s Day

no

Good Friday

no

Easter Monday

no

King’s Day

no

Labour Day

no

Liberation Day

yes

Ascension Day

yes

Whit Monday

yes

Christmas Day

no

Boxing Day

no

New Year’s Eve

yes