How come nothing ever goes through on like a balance sheet when online banking over the weekend? It always updates on Monday it seems like. What’s that all about?
In: Economics
I work at a bank and I have the answer! There are days we call business days and non business days, this dates way back to when everything closed on Sunday for the lords day. Business days are the days of the week when businesses are open and operational, Monday- Friday, non business day are days when the businesses are not open, Saturday & Sunday. So, companies like banks, that have non business days on the weekend, are literally closed. Which means not a single person goes in on Sunday, so no one can do the math thing to your bank numbers.
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