What happens during bank holidays?

Created by Harendra Singh Rathore, Modified on Wed, 20 Jul, 2022 at 12:51 AM by Shirlene Isaac

Example -

  • Line funds requested before 10:00 AM EST will arrive the same day by 11:59 PM

  • Line funds requested after 10:00 AM EST will arrive on next business day by 11:59 PM

What is a bank holiday?

A bank holiday is a day on which banks are officially closed, they are observed as a public holiday. Since banks don’t process transactions on these days, advances cannot be repaid or delivered.

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