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The country’s banking system will be closed for three consecutive days starting today (December 31), including bank holidays and weekly holidays. There will be no transactions in financial institutions during these three days. Stock trading will also be closed for this. However, the head offices and major branches of all banks, including the Bank of Bangladesh, will remain open.
Wednesday was the last business day for transactions in the country’s banking system this year. Friday and Saturday are the weekly holidays on January 1 and 2, 2021. The bank will be closed for two days for holidays. December 31 is a holiday. Even if the banks are open for the final account on this day, there will be no transaction.
However, at this time, the customer can withdraw money with the ATM card. You can conduct transactions through mobile banking and online.
According to the interested party, the banks completed their fiscal year on December 31. On this day, the annual financial report is prepared by compiling the accounts sent from the different branches. That is why this day is considered a ‘holiday’. Even if the bank is open that day, no transaction takes place.
Similarly, July 1 is also considered a holiday. On the same day, semi-annual reports were made at the banks. There are no official transactions or activities with Bangladesh Bank or other bank clients during the day.
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