Q:

Are banks open on Boxing Day?

A:

Quick Answer

Banks in the United States are open on Boxing Day, according to AreBanksOpen.com. Both the TD Bank and JP Morgan official sites note that American branches of their banks do not observe Boxing Day as a holiday. JP Morgan notes that its London and Hong Kong branches observe the holiday.

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Full Answer

Holidays Calendar reports that some commonwealth countries celebrate Boxing Day. These countries include Northern Ireland, Great Britain, Australia and New Zealand on December 26. Some provinces of Canada recognize Boxing Day as a public holiday, while others do not. The Republic of Ireland celebrates a public holiday on December 26, but the day is known as St. Stephen's Day.

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Related Questions

  • Q:

    Why do we have Boxing Day?

    A:

    According to Time Magazine, Boxing Day evolved from a tradition of aristocrats giving gift boxes to their servants the day after Christmas. The servants had the day following Christmas off to celebrate the holiday. Additionally, the Anglican church traditionally collected donations for charity prior to Christmas. These boxes of donations were distributed the day after Christmas.

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  • Q:

    Why is the day after Christmas called Boxing Day?

    A:

    There are multiple theories of the origin of Boxing Day. A "Christmas Box" is a term used in Great Britain for the term "Christmas present." Another theory of the origin of Boxing day stems from the tradition of servants receiving a "Christmas box" from their masters the day after Christmas.

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  • Q:

    Are banks open on Veterans Day?

    A:

    Banks in the United States are closed on Veterans Day. It is recognized as a federal holiday by the U.S. government, including the Federal Reserve Bank. Veterans Day is celebrated on Nov. 11.

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  • Q:

    Are banks open on Columbus Day?

    A:

    Although Columbus Day is considered a federal holiday, some banks are open. Larger financial institutions such as TD Bank, Wells Fargo and Chase are open on Columbus Day. Most banks have a list of holidays they observe available on their websites.

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