SAMA Announces Ramadan Working Hours and Eid Holidays for Banks and Transfer Centers
Holidays and Working Hours for Ramadan and Eid (2023/1444 AH)
Saudi Arabia’s Central Bank (SAMA) has announced the working hours and holidays for bank branches, offices and transfer centers during the upcoming holy month of Ramadan (2023 AD/1444 AH) and the two Eid festivals, Eid Al Fitr and Eid Al Adha.
Working Hours During Ramadan
- Banks: 10:00 AM to 4:00 PM
- Money Transfer Centers: 9:30 AM to 5:30 PM
Working hours for bank branches during Ramadan will be from 10:00 AM to 4:00 PM. Meanwhile, money transfer centers will be open from 9:30 AM to 5:30 PM. The new schedule aims to ensure that the banking and financial services sector can continue to operate effectively during this time.
- Eid-Al-Fitr Holidays: 18/042023 to 24/04/2023
- Eid-Al-Adha Holidays: 23/06/2023 to 01/07/2023
SAMA has also announced that Eid Al Fitr holidays for banks and transfer centers will begin at the end of the working day on April 17, 2023, and will resume work on April 25, 2023. Additionally, the Eid Al Adha holidays will start on end of the working day of June 22, 2023, and will resume on July 2, 2023.
Assistance to Pilgrims and Visitors
According to SAMA, the offices of banks and their seasonal branches located in the cities of pilgrimage, Makkah, Madinah, and border crossings are open to cater to the needs of pilgrims, Umrah performers, and visitors. During certain periods of the holidays, banks open additional branches and transfer centers in locations where there is a requirement for operational headquarters. This ensures that visitors to the holy sites can easily access banking services as per their requirements. SAMA’s announcement highlights the importance of making financial services readily available to pilgrims and visitors during their stay in these holy cities.
SAMA’s announcement of the working hours and holidays for banks and transfer centers during Ramadan and Eid Al Fitr and Al Adha reflects their commitment to facilitating financial transactions in the Kingdom of Saudi Arabia. This move aims to ensure that banking services remain available to people who may need them during the holiday season. The announcement provides clarity for individuals and businesses who rely on these services and shows SAMA’s dedication to supporting the banking and financial services sector in Saudi Arabia.