Remember that banks make the majority of their money from large corporate accounts, many of which also do not conduct business on the weekends. Bank employees have family and friends they wish to see, hobbies they want to enjoy and a life outside of work.Īt the same time, banks have likely concluded that it is not particularly profitable for them to remain open on weekends. It’s important to remember that banks are a business, with real people running them. This can add several days to the total amount of time it takes for the funds to be transferred. If your wire transfer is not processed before the cut-off, it will instead be processed on Monday. You may be safe doing a wire transfer on a Friday morning, but it is not guaranteed. Many banks will not guarantee that the wire transfer will be processed that same business day, particularly if it is already late in the day. Therefore, you should be careful about processing wire transfers on a Friday – particularly late in the day. You should take special note that banks only process wire transfers once per day, and that wire transfers may not be processed until the following day. This means that if your transfer is urgent, it is best to ensure that is processed ahead of time, with extra days to spare. Wire transfers only go through on business days (Monday-Friday), excluding national bank holidays. Unfortunately, wire transfers are not processed on weekends. Are Wire Transfers The Fastest Way To Send Money?Īre Wire Transfers Processed On Weekends?.

What Dates Are The National Bank Holidays?.

Can You Still Submit Transfers On Weekends?.

Are Wire Transfers Processed On Weekends?.

Does mobile deposit work on weekends