What if you drive to your bank to find out it is closed? Disappointing right? Of course, you would like to be well aware of your bank’s opening hours and holidays beforehand, especially when you have to do tasks like closing your account or making a wire transfer that requires your presence in the bank.
Even though online banking has made people’s life way easier, certain banking transactions may still require you to visit a bank branch.
So here you will get all the information on the Canadian banks working hours and which banks are open on which holidays so that you can plan your bank trips with ease.
Canadian Banks Working Hours
Usually, Canadian banks are open all throughout the week, that is, all 6 days from Monday to Saturday. But there are also certain exceptions, like CIBC and TD Bank branches, that remain open on Sundays and offer drive-thrus as well.
You can have access to all ATM services for the entire 24 hours of the day, the entire 7 days of the week, along with drive-through services of certain sites. If the customers want, they can still make use of tellers; however, any ATM in the country or the banking website can provide access to their funds.
The normal bank working hours in Canada are the same as the standard business hours of a normal working day which is mostly between 9 AM to 4 PM or 10 AM to 5 PM. The exact timings vary from location to location and bank to bank. Nonetheless, most Canadian banks on any business day close between 4:00 PM to 7:00 PM.
| S.No | Bank | Day | Working Hours |
| 1.) | TD bank | Monday-Friday | 8:00 AM to 6:30 PM |
| Saturday | 9:00 AM to 2:00 PM | ||
| Sunday | 11:00 AM to 3:00 PM | ||
| 2.) | Scotiabank | Monday to Thursday | 9:30 AM to 4:00 PM |
| Friday | 9:30 AM to 6:00 PM | ||
| Saturday | 10 AM- 2 PM | ||
| 3.) | Canadian Imperial Bank of Commerce (CIBC) | Monday to Friday | 8:30 AM to 7:30 PM |
| Saturday | 9:00 AM – 5:00PM | ||
| Sunday | 9:00 AM – 5:00PM | ||
| 4.) | National Bank of Canada | Monday to Friday | 9:00 AM to 6:00 PM |
| Saturday | 9 AM – 3 PM | ||
| 5.) | Tangerine Bank | Monday to Friday | 9:00 AM to 6:00 PM |
| Saturday | 11:00 AM to 6:00 PM | ||
| Sunday(Some Branches Open) | 12:00 PM to 5:00 PM | ||
| 6.) | Bank of Montreal | Mondays to Saturday | 8 AM to $ PM |
Bank Holidays in Canada in 2023
There are certain dates on which Canadian banks remain closed. Most of the banks in Canada usually remain closed on all Federal Holidays, and some banks remain closed on provincial holidays as well. If you want clarity to your question of ‘Are banks open today?’ or not once and for all, continue reading further, where you will get a good idea about bank holidays in Canada in 2023
The list of federal and provincial holidays is mentioned below:
List of Federal Holidays in 2023
| January 2 , 2023 | New Year’s Day |
| March 17, 2023 | St. Patrick’s Day |
| April 7, 2023 | Good Friday |
| May 22, 2023 | Victoria Day |
| July 3, 2023 | Canada Day |
| September 4, 2023 | Labour Day |
| October 9, 2023 | Thanksgiving Day |
| November 13, 2023 | Remembrance Day |
| December 25, 2023 | Christmas Day |
| December 26, 2023 | Boxing Day |
List of Provincial Holidays in 2023
- Day after New Year’s (January 3 2023): Maily banks in Quebec are closed on this day.
- Family Day (February 20 2023): In many provinces, the third day of February is a regional statutory holiday known as Family Day. Different provinces celebrate it for different reasons, so they have different names for this holiday. The banks in the provinces of Ontario, Nova Scotia, Alberta, Saskatchewan, and Prince Edward Island are closed on the third Monday of February as per the holiday schedule in British Columbia (BC).
- Saint Jean Baptiste Day (June 26 2023): This day is observed as a public holiday in Quebec, so all banks remain closed on this day.
- June Day (June 26 2023): The banks in the provinces of Newfoundland and Labrador are closed on this day as this day is on their provincial bank holiday schedule.
- Civic Holiday (August 7 2023): This day is celebrated on the first Monday of August. All British Columbia banks, like Ontario, Manitoba, Nova Scotia, Saskatchewan, New Brunswick, and Alberta, remain closed on this day.
- Regatta Day (August 2 2023): This holiday is observed on the first Wednesday of August. Most banks in the province of Newfoundland and Labrador are closed on this day as it is on their local holiday schedule. The event is postponed to the next suitable day if the weather conditions don’t allow it.
Can you do banking on the day of a bank holiday?
The answer to this is a big yes; even if it is a federal holiday, then also you can very easily do your banking activities. If you cannot take out time to do your banking during the bank’s opening hours, then you only have to make sure to contact the bank’s phone number and use an automated system whenever you are free at your convenience. You will also easily find an Internet banking platform as well as ATMs everywhere around the country. Tellers are also available for all those customers who find in-person transactions more convenient. Hence, it is very important to ensure that your local bank is open on that day, especially if you plan to withdraw a large amount.
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Online Banking
You only require a good internet connection, a laptop, a desktop, or a mobile device in the case of online banking. Tasks from viewing your bank statements, checking your balance, paying your bills, setting up or canceling deposits, and depositing cheques can be easily done through online banking within minutes from anywhere.
ATM machines
You will get 24*7 access to all ATM machines from almost all Canadian banks. ATM also offers the same services as in the case of online banking, as discussed above, like paying your bills, viewing your bank statements, checking your balances, etc. Easily print bank account statements, keep a check on your account balance, or withdraw or deposit your money whenever needed through your bank’s ATM network.
Wrapping It All Up
So by now, you would have got a completely clear answer to your question, “Are banks open today or not?. Isnt it? The best and easiest way to find out whether your bank is open is to check your bank’s website. Usually, all banks in Canada remain working on weekdays and generally on Saturdays as well, even though it is for a limited number of hours. Banks generally remain closed on Sundays or, in the case of National Holidays and, in certain cases, provincial holidays, depending on your bank’s location. If you have any queries related to your banking needs, you can easily contact us directly at 416 543 9000 or 1 844-542-4678.
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Faq's
The most commonly asked questions related to ‘Are the banks open today” are as follows:
Mostly all banks and credit unions remain open just like the usual days in Canada, but you will find federal entities like Canada Post remain closed on Easter Mondays.
Many banks and financial institutions stay open like the usual working day in Canada, as the day before Christmas is not a public holiday. But certain financial institutions like the TD Canada Trust remain closed both on Christmas Eve and Christmas Day.
Mostly on Saturdays, the banks remain open for less number of hours as compared to the weekdays, and they remain closed on Sundays. But there are a few banks that work on Sundays as well, but just for a few hours, like the CIBC and the TD Bank. It is best to check if your bank is open or not on the weekdays before you step out of your house to visit it.
On public holidays usually, banks in Canada remain closed. Many banks also remain closed on provincial holidays.
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