RunSensible’s Legal Dictionary

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Banking Day

“Banking day” is a regular business day when banks and financial institutions are open to the public for various financial transactions. These transactions include depositing or withdrawing money, conducting wire transfers, applying for loans, and other banking services.
In different countries, banking days may vary, but they generally follow the regular working days of the week, usually Monday through Friday. Banks are typically closed on weekends and public holidays. Customers can visit their local branches, use ATMs, or access online banking services to manage their accounts during banking days.
With the increasing use of online banking and mobile banking apps, many transactions can be conducted electronically, allowing customers to perform banking activities outside of traditional banking hours.

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