Have you ever thought what if you require visiting your bank urgently? To deposit funds or do inquiry regarding the loan and come to know that your branch isn't open today?
The count for holidays is pre-decided for the banks owned and operated by the public sector. Private banks can opt to stay open (no matter if it's weekend or a national holiday).
So are the banks open today? Of course, the only possible way to get the answers is by conducting a direct inquiry with your branch. So if you have ever gone through this frustrating situation, this article will help you ascertain which particular days are the banks off?
These are the common holidays for the banks of Canada, United States, and the United Kingdom.
List of Bank Holidays in Canada, UK, and the US
Apart from the usual holidays in weekends, the banks of the United Kingdom, Canada, and the United States of America are often closed on 10 federal holidays every year.
Although some leading financial institutions could be open these days, banks are for sure closed making it a delay of one business day to process your transaction. Some common bank holidays in each of the three listed countries include:
New Year’s Day – January
Regardless of the bank, you've opened an account it, New Year is always a federal holiday in almost every country. And so the day has been declared as the national holidays for every employee, students, and even the financial institutions including a bank.
New Year, the preparation of which is commenced just before the night before the occasion is often considered to be a night of excitement and enthusiasm. In addition to the United States, New Year is the world’s holiday when almost every bank is shut.
Labor’s day – September
The very first Monday of September is announced as the labor’s day. Then, employees, staff, and other official workers of the United States and Canada are honored. Discovered in 1894, Labor’s day is also considered to be the concluding summer period and a bank holiday in the UK, US, and Canada.
Christmas Day – December
In the winter season, indeed Christmas is believed to be one of the most awaited days. It is especially known for the birth of the holy Jesus Christ. Not only does people send amazing presents to their beloved people across the world but this is the only day in the United States, UK. Also other international countries when apart from the financial institution.
All sorts of business remains shut and employees are provided with leave to spend some quality time with their family, friends, and loved ones. Due to the significance of the eve, the day is declared to be a public holiday when almost every bank out there is closed.
Boxing Day – December
Another public holiday that initially started off in the United Kingdom but is now considered to be the national holidays of the country under the British Empire is Boxing Day, 26th September.
Being the very next day after Christmas Eve, the day is often termed as second Christmas day in several countries. All the banks of the US, UK, Canada, and other British countries are shut during the same.
Good Friday – April
While Christmas marks the born date of the holy Jesus, Good Friday is known for commemorating the death of the Christian’s God. On 19th April, all the banks, as well as financial institutions, are closed in almost every country.
Because of the importance of the occasion, republic day is declared to be the national holiday in many countries. While Canada banks celebrate their republic eve on Monday 1, July, the United States of America celebrates their Independence Day on 4th July.
The day is an official holiday for all the government and private institutions. When it comes to the United Kingdom, there isn't a national day celebrated in the country, however, they often consider the Queen's birthday as their national holiday.
What can you do if your branch isn’t open today and tomorrow?
When it comes to carrying out essential and immediate bank activities, the first question that strikes your mind is ‘are the banks open tomorrow’? It becomes quite tricky to determine the usual bank holidays unless you pay a visit to your branch or prefer direct inquiry with the teller, isn’t it?
However, even if you couldn’t encounter cashier to process a specific transaction or to carry out other activities, there still exist a plethora of alternatives to a bank to perform your urgent task without needing to hit your bank. Wondering how?
It's simple! You just need to install the official application or the website of your branch. Then you will get access to your bank through the easiest yet effective way. Perhaps, this is the generation of mobile banking, where almost every second activity could be processed through the official website of the enterprise and fortunately, the bank isn't an exception.
Is Online Banking a Right Option?
If you don’t find the online banking a suitable option, no worries as users are entitled to carry out a plenty of transaction just by approaching your branch's ATM. Despite the branch you've your account in, one of the common yet key functions that can be availed in almost every ATM is the withdrawal of cash.
No matter which branch you process your funds; transactions, deposits, and other procedures in, you’re allowed to withdraw cash from almost every ATM.
Although there are very few ATM’s that allows its users to deposit their funds into their account outside the bank system, there are some that can cater to your withdrawal as well as depository requirements.
So having read this article, we assume that you would have got the answer of ‘are banks open today and tomorrow in the US, UK, and Canada?’ However, apart from these national holidays, the countries have several other days declared as holiday.