What are the banking hours of retail banks in Singapore?
Most major retail banks in Singapore operate from 9.30 am to 3.00 pm, but some open as early as 8.30 am and some branches operate in the evening. Customers can also make use of other convenient self-service channels such as automated teller machines, phonebanking and internet banking which are available 24- hours a day.
Is Saturday a banking holiday in Singapore?
No. However, some banks choose to close on Saturdays and Sundays.
Also, with effect from 15 May 2006, the Singapore banking industry moved to a 5-Day Clearing Week. There is no crediting or debiting of customer accounts with cheques, GIRO or Interbank funds transfers on Saturdays. Clearing of funds will be carried out Mondays to Fridays only.
Do banks operate a half-day on the eves of public holidays such as Christmas and Chinese New Year?
Banks observe normal operating hours on the eves of public holidays, unless the eve falls on a Saturday. An exception is 31 December when most bank branches close at 11.30 am to enable banks to close their books for the year.