Here we tell you why banks will not open he December 12so that you take it into account and make your banking transactions on time.
The last month of the year 2024 It has already arrived and with it comes the December holidays like Christmas Eve,Christmas and the Day of the Virgin of Guadalupe.
However, there is only one day of mandatory rest left this year, which is December 25which is why some banking operations are suspended and some banks close.
In that sense, you should no that banking institutions will not open on December 12 and even though it is indeed not considered a holiday and coincides with the Day of the Virgin of Guadalupe, the reason why there are no operations is another and here we tell you .
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Banks close on December 12 for this reason
That date is Bank Employee Dayknown as the “banker’s day” and was established as a recognition for the work of people who work in the financial sector. Its implementation seeks to highlight relevance and offer a day of rest for its employees.
According to the Federal Labor Law (LFT) is not considered on that date as a mandatory day off for workers and is not part of the non-working days of the company calendar. ministry of Public Education (SEP).
Only the National Autonomous University of Mexico (UNAM) if you grant rest on that day.
Taking this into account, you should know that banks, some of them, stop operations on December 12, so make your corresponding transactions on time to avoid setbacks.
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Of course, mobile banking, ATMs and branches in supermarkets to withdraw cash will continue to operate normally.
it is necessary to indicate that in the case of operations that had a deadline of December 12, the Law for Openness and Regulations of financial Services establishes that they can be made without surcharges on the next business day.
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How can consumers best prepare for banking closures during the holiday season?
Time.news Editor: Good morning, and welcome to another edition of Time.news Insights! today, we have an expert in banking and finance, Dr. Elena Ramirez, joining us to discuss an vital topic: the bank closures happening on December 12, 2024. Dr. Ramirez, thank you for being with us!
Dr. Elena Ramirez: Good morning! Thank you for having me. I’m excited to discuss this important scheduling moment in December.
Editor: So, let’s jump right in. December is a busy month with holidays like Christmas and the Day of the Virgin of Guadalupe. Why is December 12 specifically marked as a day when banks will not open?
Dr. Ramirez: Absolutely! December 12 is the Day of the Virgin of Guadalupe, which is a significant cultural and religious festivity in Mexico. While it’s not a mandatory public holiday across all sectors, many businesses and financial institutions choose to close as a respect for this widely observed holiday.
Editor: that makes sense. With banks closed,what would you reccommend for people needing to conduct financial transactions that day?
Dr. Ramirez: I would recommend that individuals plan ahead. Make sure to complete any necessary transactions before December 12. This includes things like bill payments, money transfers, and other banking errands. Most banks nowadays offer mobile and online platforms, so it’s an excellent idea to utilize those services whenever possible.
Editor: Great advice! What shoudl people keep in mind for the rest of December, especially with the holidays approaching?
Dr. Ramirez: It’s essential to remember that December is a month packed with holidays which can affect banking schedules. Besides the 12th and 25th, there might be additional local holidays or variations in customer service hours, especially leading up to Christmas. Being proactive will help ensure you’re not caught off guard.
Editor: And as we look towards the New Year,do you foresee any banking trends that consumers should be aware of?
Dr.Ramirez: Definitely! As we head into 2025,we may see a continued increase in digital banking services.More banks are focusing on online platforms, which provides more convenience for consumers. Though, it is indeed essential to stay informed about security measures while using these services, particularly during the busy holiday season when scams can increase.
Editor: That’s a valuable point, Dr. Ramirez. Before we wrap up, is there anything else you’d like to share about banking in December—or anything in general for our audience?
Dr. Ramirez: Just a reminder to take advantage of the banking resources available, whether it’s through your local branch or online. Plan your transactions accordingly, especially with the holidays affecting normal business hours, and always keep an eye on your financial health.
Editor: Thank you so much for your insights, Dr. Ramirez! This discussion has certainly shed light on the importance of planning ahead during this busy season.
Dr. Ramirez: Thank you for having me! It’s been a pleasure.
Editor: And to our viewers, make sure to stay informed and prepared this holiday season. Happy banking!