As the festive season approaches, a common question arises: “Are Banks Closed on Christmas Eve 2023?” This year, Christmas Eve falls on a Sunday, leading to significant changes in bank operating hours compared to previous years.
Are Banks Closed on Christmas Eve 2023?
Banks Closed on Christmas Eve 2023
In 2023, most banks in the United States, including major ones like Bank of America, Chase, Wells Fargo, and Citibank, will be closed on Christmas Eve, December 24. This closure is largely due to Christmas Eve coinciding with a Sunday, a typical non-operating day for banks.
Why Banks are Closed This Christmas Eve
- Christmas Eve on a Sunday: Banks usually have shorter hours or are closed on Sundays. With Christmas Eve falling on a Sunday, closure is almost certain.
- Proximity to Federal Holiday: Christmas Day, December 25, is a recognized federal holiday. While Christmas Eve isn’t officially a holiday, many banks close due to its proximity to Christmas Day.
- Employee Availability: It’s often challenging to staff banks on Christmas Eve, leading many to opt for closure.
Limited Exceptions
- Some banks, especially in larger cities or travel hubs, may choose to remain open with limited hours. However, these are exceptions.
- Banks located in airports or casinos might also stay open.
Online Banking and ATM Services
For urgent transactions, online banking and ATM services remain available. These services provide a convenient alternative for those needing to perform banking tasks over the holiday period.
Planning Ahead
- Check Bank Schedules: With most banks closed on both December 24th and 25th, it’s advisable to complete any necessary banking activities beforehand.
- Alternative Banking Options: Explore mobile payment or peer-to-peer payment options for urgent transactions during the holidays.
Read more about bank hours,
- Citibank Hours
- Woodforest Bank Hours
- Bank of Hawaii Hours
- PNC Bank Hours
- TD Bank Hours
- Wells Fargo Hours
- Bank of Hawaii Hours
- Chase Bank Hours
FAQs about Banks open Christmas Eve 2023
What to do in an emergency?
If you need to transfer urgent money on Christmas day then look into mobile payment or peer-to-peer payments. The best option is to check your bank status if they are giving services integrated into the online app.
Are the banks closed on Christmas Eve?
If anyone wants to make a last minute trip to the bank, the day before Christmas is a good option. Several branches in the USA are open on Christmas Eve.
As everyone knows Christmas Eve is not a federal holiday. Many Banks open Christmas Eve 2023 but with limited hours. Many of them will be closed at 2
Are banks closed on Christmas day 2023?
The way to figure out if your nearest bank is open or closed on Christmas Eve 2023 is to visit or call the branch that is nearest to you. Most of the banks are open on Christmas Eve 2023 but are closed on Christmas day 2023.
Conclusion
The banking landscape during the Christmas season of 2023 sees a shift due to the calendar. Understanding these changes and planning accordingly can help avoid any banking inconveniences during this festive time.
I am Ethan Parker. I have more than 8 years of banking experience, having worked in various roles for different banks across America. In my spare time, I write blogs on various aspects of banking.
