Sign In

What is a Business Day

Written by Jarad on March 20, 2023

A Business Day for a Multiple Sale Report and one for a Background Check are calculated differently.

For a Multiple Sale Report

A Business Day is any day that you’re open for business. A Business Day is not a Calendar Day. You do not have to sell, acquire, dispose, or complete any transaction for it to count as a Business Day. You just need to be open to conduct business using your license. ATF eRegulations § 478.126a.

For these examples, let’s list the days you are open.

Monday – Closed

Tuesday – Open

Wednesday – Open

Thursday – Open

Friday – Open

Saturday – Open

Sunday – Closed

In these example business days when a qualifying sale is made on a Wednesday. Five consecutive business days would include Wednesday, Thursday, Friday, Saturday, and Tuesday. Sunday and Monday would not count because you were closed.

  • A qualifying transfer was made to a buyer on Wednesday. On the following Tuesday another qualifying transfer of the same type was made to the buyer. This transaction would require a Multiple Sale Report.
    ​

  • A qualifying transfer was made to a buyer on Wednesday. On the following Wednesday another qualifying transfer of the same type was made to the buyer. This transaction would not require a Multiple Sale Report.

For these examples, you are only open on Saturdays.

  • A qualifying transfer is made to a buyer on a Saturday that you are open. 3 weeks later, on Saturday, another qualifying transfer of the same type is made to the buyer. This transaction would require a Multiple Sale Report.
    ​

  • A qualifying transfer is made to a buyer on a Saturday that you are open. 6 weeks later, on Saturday, another qualifying transfer of the same type is made to the buyer. This transaction would not require a Multiple Sale Report.

FastBound will automatically calculate your Business Days based on activity in your account.

All Multiple Sale reports must be reviewed before they are transmitted to ensure they are necessary.

For a Delayed Background Check

A Business Day is any day on which the State offices are open. This is clearly stated in the ATF eRegulations § 478.102.(a).(2).(ii).

The example given in § 478.102 is this:

  • “A licensee contacts NICS on Thursday, and gets a “delayed” response. The licensee does not get a further response from NICS. If State offices are not open on Saturday and Sunday, 3 business days would have elapsed on the following Tuesday. The licensee may transfer the firearm on the next day, Wednesday.”

Sign In