Does the bank rest for the New Year?

It is certain that banks will have a holiday during the Spring Festival, but different branches have different holiday dates. Generally, all branches of the same bank in the same area will take turns to rest during the Spring Festival, so not all banks will have a holiday during the Spring Festival holiday.

When banks in China take vacations, they usually consider the rights and interests of bank users, protect the rights and interests of bank users and give bank employees a reasonable rest time. For example, on holidays, banks close some commercial counters, or let bank employees take turns to handle business.

All holidays of the Bank are only used for the counter business and online shop business of the Bank, and mobile banking, online banking and ATM business are not affected. Therefore, when the bank is on holiday, investors can still transfer funds between accounts, buy fund wealth management products and redeem funds. The holiday time of different banks is different, even the holiday time of different outlets of the same bank is different. If users need to go to the bank for business within a certain period of time, it is best to go to the online store first.

Bank:

Banks are legally established financial institutions engaged in monetary and credit business, and are the product of the development of commodity monetary economy to a certain stage.

Banks are one of the financial institutions. Banks are divided into central banks, policy banks, commercial banks, franchised institutions, investment banks and the World Bank, with different responsibilities.

Central Bank: China People's Bank is the central bank of China.

State-owned policy banks: including The Export-Import Bank of China, China Agricultural Development Bank and China Development Bank.

State-owned commercial banks: including China Industrial and Commercial Bank, China Agricultural Bank, China Bank, China Construction Bank, China Postal Savings Bank and Bank of Communications.

Franchise: refers to the institutions established by commercial banks for specific business areas of the Bank, which are different from traditional branches;

Investment banks: including Goldman Sachs, Morgan Stanley, Citigroup, Wells Fargo, UBS Group AG, Societe Generale, etc.

World Bank: It is used to help countries overcome poverty. Various institutions play a unique role in alleviating poverty and improving living standards.

Basic explanation:

Banks are one of the financial institutions. Banks are divided into central banks, policy banks, commercial banks, investment banks and the World Bank, with different responsibilities.

Central Bank: China People's Bank is the central bank of China. Responsibilities: Implement monetary policy, macro-control the national economy, supervise and manage financial institutions and even specialized financial institutions in the financial industry.

Policy banks: including The Export-Import Bank of China, China Agricultural Development Bank and China National Development Bank. Responsibilities: Financial institutions that participate in or guarantee shares, engage in policy financing activities directly or indirectly in specific business areas for non-profit purposes, and serve as tools for the government to develop the economy, promote social progress and conduct macroeconomic management.

Commercial banks: including China Industrial and Commercial Bank, China Agricultural Bank, China Bank, China Construction Bank, China Postal Savings Bank and Bank of Communications. Responsibilities: Financial institutions that act as credit intermediaries through deposits, loans, remittances and savings. Commercial banks are one of the most important financial institutions, and their main business scope includes absorbing public deposits, issuing loans and discounting bills.

Investment banks: including Goldman Sachs, Morgan Stanley, Citigroup, Wells Fargo, Societe Generale, etc. Responsibilities: Non-bank financial institutions engaged in securities issuance, underwriting, trading, enterprise restructuring, mergers and acquisitions, investment analysis, venture capital, project financing, etc.

World Bank: It is used to help countries overcome poverty. Various institutions play a unique role in alleviating poverty and improving living standards.