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What is Bank Holiday mean?
A bank holiday is a national public holiday in the United Kingdom, Republic of Ireland and the Crown dependencies. The term refers to all public holidays in the United Kingdom be they set out in statute, declared by royal proclamation or held by convention under common law.
The term "bank holiday" refers to the fact that banking institutions typically close for business on such holidays.
referencePosted on 07 Sep 2024, this text provides information on Miscellaneous in Banking related to Banking. Please note that while accuracy is prioritized, the data presented might not be entirely correct or up-to-date. This information is offered for general knowledge and informational purposes only, and should not be considered as a substitute for professional advice.
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