During this festive season, many workers look forward to spending quality time with their families, but holiday banking schedules can prove tricky. For those planning banking transactions before Christmas, it’s important to know the operating hours on December 24 and 25, 2024.
According to the official schedule released by the Comisión Nacional Bancaria y de Valores (CNBV), Mexican banks will operate normally on December 24, but will close for Christmas on December 25. This means on Christmas Eve, banks will be open during their standard business hours, which are typically from 8:00 AM to 4:00 PM, to accommodate those last-minute transactions.
On December 25, all banks are mandated to close, as the day is recognized as a mandatory rest day for all workers, including banking personnel. This closure can impact those trying to deposit or withdraw cash. Nevertheless, digital banking services such as mobile banking, ATMs, and online banking will remain available, allowing customers to manage their finances from the comfort of home.
Banking alternatives for December 25 include:
- Mobile and Online Banking
- ATM Withdrawals
- Card Control Features
- Information Management Services
These digital platforms provide access to funds and the ability to make payments or transfers, ensuring financial access even when physical branches are closed.
One notable exception to the closures is Banco Azteca, which will operate normally on both December 24 and December 25. It is the only bank maintaining full services on Christmas Day and does not close throughout the year, making it a unique choice for those needing banking services during the holiday.
Although the expectation is for all banks to follow the CNBV guidelines, individual branches may close earlier than usual on December 24, perhaps around 2:00 PM instead of the regular closing time, allowing employees to participate in holiday festivities. It’s advised to check with your local branch to confirm timings.
For any urgent transactions or pending payments, customers should prepare ahead of time to avoid last-minute stress. The CNBV advises all consumers to anticipate their banking needs around the holiday season.
While many branches will be closed on December 25, ATMs will remain functional statewide. Over 61,000 ATMs and more than 50,000 banking correspondents across Mexico will continue to provide basic services to those who need them.
The CNBV clearly indicates December 25 as one of the official holidays when banking operations are suspended, and all institutions must adhere to these stipulations. Customers are encouraged to utilize automated services as needed. This approach ensures you can still access funds on Christmas Day if required.
For those who may need to make payments or perform transactions; the law provides leeway for payments due on holiday periods, allowing for completion the next business day, so keep those timings and regulations in mind.
After the holiday break, services are expected to return to normal as of December 26, 2024. The only other bank holiday observed will be on January 1, 2025, when all institutions will again be closed.
The holiday banking schedule can often raise questions, but by planning your banking activities wisely and leveraging available digital services, you can enjoy the festivities without financial concerns. Remember, Banco Azteca remains open throughout the holidays, offering the convenience many may require.
