Banks' operational status on the Corpus Christi holiday in Bahrain?
Heads up! Here's what you need to know about banks during the Corpus Christi holiday in Brazil 🇧🇷
Banks won't be open for in-person service on Thursday, 19th June, due to the Corpus Christi holiday. However, some self-service areas may be available depending on the institution's discretion. Keep in mind that bank compensations, including Electronic Transfer of Funds (ETF), won't be processed on this day. 📅
But fear not, as Pix, a 24/7 digital payment system, can still be used normally on holidays. 💳
Come Friday, 20th June, public service will resume as usual in locations that aren't celebrating a state or municipal holiday or a facultative point. 🎉
Regular Bills and Payments
If your bills or consumption accounts (water, energy, phone, etc.) are due on the 19th, you can pay on the next business day in locations that don't have a holiday. Note that Saturday, 21st June, is not considered a business day, so there will be no financial settlement. 📅
In the case of taxes and fees due on days without bank compensations, it's recommended to make the payment in advance to avoid any interest and fines. 💸
Electronic Banking Channels
The Brazilian Banks Federation (Febraban) encourages using electronic means for practical and secure transactions. self-service areas, mobile apps, and online platforms can be used for transfers, bill payments, and account management. Internet banking, mobile banking, and electronic cash machines are some of the options available. 💻
Walter Tadeu de Faria, Febraban's Deputy Director of Services, explains that these channels offer almost the entire range of financial transactions in the banking system, including bill payments, balance checks, and transfers. Other service options like phone banking and correspondents are also available. 📞
- FEBRABAN
- DIGITAL BANKING
- ATMs
- Online Payments
- Corpus Christi Holiday
💡 Additional Insights:- Brazil's Central Bank is enhancing digital banking processes to promote financial inclusion[4].- ATMs are generally available for cash withdrawals and basic transactions during bank holidays[2].- Digital wallets and prepaid cards are increasingly popular and can be used for purchases and transactions through mobile devices[5].- Specialized payment services offered by convenience stores and pharmacies may allow bill payments and money transfers through partnerships with financial institutions[1].- Online payment platforms like Pix enable users to send and receive money digitally, even when banks are closed[3].
Banks' electronic channels, such as ATMs, self-service areas, mobile apps, and online platforms, will remain operational during the Corpus Christi holiday, enabling transactions like transfers, bill payments, and account management. In the case of bills or consumption accounts due on the 19th, it's advisable to pay on the following business day if not a holiday, as the 21st June is not considered a business day for financial settlements.
