A day banks are open for the business a contract depends on.
A banking day is a day on which banks are open for general business in a named place. The term does the work in contracts, where an obligation falls due on a banking day and moves if it would otherwise land on one that is not.
It is usually defined by the instrument that uses it, and the definitions are not identical: some name a city, some name a currency's principal financial centre, and some name both because a payment needs each end open.
A day can be a banking day in one place and not another for the same transaction, which is why cross-border agreements name the places rather than the country.
Each of these closes banks specifically, rather than closing everything — the distinction that makes banking day a separate idea from working day.
| 🇷🇸 | Friday 30 April 2027Serbia | Good FridayRecorded as a bank closure rather than a general one. |
| 🇹🇲 | Wednesday 10 March 2027Turkmenistan | Eid al-FitrBanks closed. |
A bank holiday is a named occasion on which banks close. A banking day is any day they are open — the ordinary case, not the exception.
Banks and markets keep separate calendars and close on different days.
See also bank holiday · trading day · working day · value date
We hold this as operational_status: closed_banks. See what we hold.