Wat Is Bank Holiday. It can also be used to describe a day on. This section is in advanced English and is only intended to be a guide, not to be taken too seriously!
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Find out why and how Bank holidays might affect your travel plans. They were given their name because of the tradition of banks closing on these dates, forcing other businesses to close as no trading could take place. During a bank-holiday, the banks are closed to the public and consumers cannot carry out bank transactions, such as deposits, transfers, withdrawals, clearing transactions, or foreign remittances or use the e-banking operations.
Click on a bank below to see if and when they observe specific holidays.
A bank holiday is a national public holiday in the United Kingdom and the Crown dependencies.
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The definition of a bank holiday is "a weekday on which banks are closed by law; legal holiday". The term is used in the UK, its former territories, and a small handful of other European countries, and while both 'bank holiday' and. Bank holidays typically mirror the holidays declared by the Federal Reserve Board.