Tuesday, 20 November 2012

2014 Bank Holidays



Every year brings with it a number of holidays that are associated with break from work and studies. The upcoming year 2014 is no exception to this trend. You need to be aware of the upcoming bank holidays in 2014 and plan your transactions and investments accordingly. 

The holidays will not be the same on every country and if your deal with banks in various countries, it is advisable that you keep track on these holidays to ensure smooth transaction.
In a lot of nations including the USA, Canada and the UK, 1st January is a bank holiday. 

The same is true of Christmas, 25th December. On these holidays, financial organizations, schools and almost all types of banks remain closed. If you make any online money transfer on these days, it will be reflected and become effective on next working day. However, in some cases, bank ATMS are kept open and functional to evade inconvenience to millions of users.

In Canada, the government offers total leave on the bank holidays. However, the employees do not have to suffer a cut in payment. In European countries, public holidays are also bank holidays though in some countries the number of days can vary a little. Not all employees get leave on these days.

Those who have to work are given excess payouts. The residents of the UK are given a special bank holiday when the need arises. If a bank holiday falls on a weekend, the residents are granted leave on next working day.

In the USA, the bank holidays are observed as bank holidays and so the majority of residents enjoy leaves. However, the bank holidays do not always coincide with capital market and stock market closure days. Besides, two consecutive days are not observed as bank holidays in the USA.

Every year brings with it a number of holidays that are associated with break from work and studies. The upcoming year 2014 is no exception to this trend. You need to be aware of the upcoming bank holidays in 2014 and plan your transactions and investments accordingly. 

The holidays will not be the same on every country and if your deal with banks in various countries, it is advisable that you keep track on these holidays to ensure smooth transaction.
In a lot of nations including the USA, Canada and the UK, 1st January is a bank holiday.

The same is true of Christmas, 25th December. On these holidays, financial organizations, schools and almost all types of banks remain closed. If you make any online money transfer on these days, it will be reflected and become effective on next working day. 

However, in some cases, bank ATMS are kept open and functional to evade inconvenience to millions of users. In Canada, the government offers total leave on the bank holidays. However, the employees do not have to suffer a cut in payment. 

In European countries, public holidays are also bank holidays though in some countries the number of days can vary a little. Not all employees get leave on these days. Those who have to work are given excess payouts. 

The residents of the UK are given a special bank holiday when the need arises. If a bank holiday falls on a weekend, the residents are granted leave on next working day. In the USA, the bank holidays are observed as bank holidays and so the majority of residents enjoy leaves. 

However, the bank holidays do not always coincide with capital market and stock market closure days. Besides, two consecutive days are not observed as bank holidays in the USA.

2014 Bank holidays in United States

  • 1st January 2014 - New Years Day
  • 20th January 2014 - Martin Luther King's Birthday
  • 2nd February 2014 - Groundhog Day
  • 18th February 2014 - President's Day
  • 16th April 2014 - Emancipation Day
  • 26st May 2014 - Memorial Day
  • 4th July 2014 - Independence Day
  • 1st September 2014 - Labor Day
  • 13th October 2014 - Columbus Day
  • 31st October 2014 - Halloween
  • 11th November 2014 - Veteran's Day
  • 27th November 2014 - Thanksgiving Day
  • 25th December 2014 - Christmas Day

2014 Bank holidays In United Kingdom

  • 1st January 2014 - New Year's Day
  • 18th April 2014 - Good Friday
  • 21st April 2014 - Easter Monday
  • 5th May 2014 - Early May Bank Holiday
  • 26th May 2014 - Spring Bank Holiday
  • 25th August 2014 - Summer Bank Holiday
  • 25th December 2014 - Christmas Day
  • 26th December 2014 - Boxing Day

2014 Bank holidays in India

  • 13th January 2014 - Id-E-Milad
  • 26th January 2014- Republic Day
  • 28th February 2014 - Mahashivaratri
  • 17th March 2014 - Holi
  • 18th April 2014 - Good Friday
  • 23th April 2014 - Mahavir Jayanti
  • 1st May 2014 - May Day
  • 14th May 2014 - Buddha Purnima
  • 28th July 2014 - Ramzan Id/Eid-ul-Fitar
  • 10th August 2014 - Rakhi (Raksha Bandhan)
  • 15th August 2014 - Independence Day
  • 17th August 2014 - Janmashtami
  • 29th August 2014 - Ganesh Chaturthi
  • 2nd October 2014 - Gandhi Jayanti
  • 4th October 2014 - Dussehra (Vijaya Dashami) & Id-ul-Zuha or Bakri Id
  • 23rd October 2014 - Deepavali Festival
  • 25th October 2014 - Muharram
  • 6th November 2014 - Guru Nanak Jayanti
  • 25th December 2014 - Christmas Day

2014 Bank holidays in Canada

  • 1st January 2014 - New Year
  • 18th February 2014 - Family Day
  • 18th April 2014 - Good Friday
  • 19th May 2014 - Victoria Day (Queen Victoria's Birthday)
  • 1st July 2014 - Canada Day (National Day of Canada)
  • 4th August 2014 - Civic Holiday
  • 1th September 2014 - Labor Day
  • 13th October 2014 - Thanksgiving Day
  • 11th November 2014 - Remembrance Day
  • 25th December 2014 - Christmas
  • 26th December 2014 - Boxing Day

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