Unlike instant transfers, “classic” transfers do not take place on weekends or certain public holidays. Here is the calendar of days when transfers will be put on hold in 2024.
Practical, secure and free: the SEPA transfer has many advantages when it comes to sending money to a third party. One is missing: immediacy. Of course, instant transfers (in less than 10 seconds, 7 days a week, 365 days a year) exist, but they still very often cost money, around one euro each.
With the traditional transfer, on the other hand, you have to take the lead. Banks generally promise to execute it overnight. On one condition however: that it is a business daytherefore excluding weekends and public holidays.
SEPA transfers, in fact, do not take place on weekends. If you are in a hurry, avoid initiating your transfer from Friday afternoon to Sunday evening.
Another constraint to consider: the interbank system for settling payments is also closed on certain public holidayssome of which are not respected in France.
To find your way around, here is the list of closing days for transfers in 2024in addition to Saturdays and Sundays:
- Monday January 1st (New Year’s Day)
- Friday April 29 (Good Friday)
- Monday April 1 (Easter Monday)
- Wednesday May 1 (Labor Day)
- Wednesday December 25 (Christmas)
- Thursday December 26, 2023 (day after Christmas).
Transfers will not take place on July 14 either, but only because the National Day falls on a Sunday next year.
July 14, in fact, is one of the legal public holidays in France, but which are not throughout Europe. This is not the only one. Transfers can thus be made through:
- Wednesday May 8 (Victory of 1945)
- Thursday May 9 (Ascension)
- Monday May 20 (Pentecost)
- Thursday August 15 (Assumption)
- Friday November 1st (All Saints’ Day)
- Monday November 11 (Armistice of 1918).