Home » today » Business » Banks: Six day holiday – How payments and transactions are affected – 2024-04-05 23:07:58

Banks: Six day holiday – How payments and transactions are affected – 2024-04-05 23:07:58

His holiday brings changes to the transactions that banks will carry out Easterbut also the transfer of her holiday May Day.

Specifically, due to the Easter holiday and the transfer of the May Day holiday to Tuesday, May 7, debt payments and remittances will be registered on the next working day, i.e. Wednesday, May 8.

For the execution of the payrolls, Wednesday, May 8, should be entered in the payroll file as the execution date.

As it turns out, the payment of the Easter gift is not affected, as the date of its payment is set by law as Wednesday, May 1st.

In detail what will happen with transactions

In fact, some banks have already sent messages to their customers informing them that due to the Easter holiday and the transfer of the May Day holiday, debt payments and transfers that will be registered from Maundy Thursday, May 2, will be executed on Wednesday, May 8 May which is considered as the next working day.

It is also noted that for the execution of the payrolls, Wednesday, May 8, should be entered in the payroll file as the execution date.

Backdated and future orders with an execution date of Tuesday 7th May will be executed on Wednesday 8th May.

It is worth noting that the Athens Stock Exchange will remain closed on Friday, May 3, Monday, May 6 and Tuesday, May 7.

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