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Banking corporations' business day
    Last update: 04/08/2009
As a rule, transactions performed in banking corporations before the end of the business day are recorded in the customer's account on the same day.
Every banking corporation will determine and publicize the latest time its business day ends. In this context, the latest time it can determine is 18:30, except for Fridays and holiday eves as detailed below, when the latest time for ending the business day is 14:00.
Holiday eves when the business day ends at 14:00 are: the eve of the Jewish New Year, the eve of the first day of Tabernacles (Sukkot), the eve of the eighth day of Tabernacles (Shemini Atzeret), the eve of Passover, the eve of the seventh day of Passover, the eve of Israel's Independence Day, and the eve of the Festival of Weeks (Shavuot).
Days which are not banking business days are: Saturdays, other non-working days (e.g. national elections), both days of the Jewish New Year, eve of the Day of Atonement, the Day of Atonement, the first and eighth days of Tabernacles, the Feast of Lots (Purim), the first and seventh days of Passover, Israel's Independence Day, the Festival of Weeks (Shavuot), and the Ninth of Av (Tish'a B'Av).
For further information see Directive No. 402 in the Proper Conduct of Banking Business--the Business Day in Banking Corporations.