Overview
- The clearing pause, which runs from Friday April 3 to Monday April 6, shifts all standard transfers to the next cycle on Tuesday April 7 with processing due by 12:30.
- CAF benefits that usually arrive on the 5th will be credited on Tuesday April 7, affecting 13.5 million households receiving housing aid, RSA, AAH and other payments.
- Employers advanced pay runs to avoid late salaries, with a Luc-sur-Mer restaurant and the firm AD Facto moving payroll and supplier payments ahead of the break.
- Instant options keep working during the closure, including instant transfers, same‑bank moves and the Wero service, while banks urged customers to initiate standard payments before the cutoff.
- TARGET2 is the ECB system that settles money flows between banks on business days, so its holiday closure creates a multi‑day gap, with another pause expected over the May 1 weekend.