February 3, 2023

Money News PH

The Premier Blog Where Money Talks

Is Saturday a working day?

The answer is that Saturday is not a business day but Saturdays are considered an additional business day and not a business day as many businesses including shipping, banks and services are closed on that day for public holidays and other reasons.

So you can still do business with an open location, but you cannot count on all shops and businesses being open on Saturdays and offering their full range of services.

The typical working week is Monday to Friday and is considered a 40-hour week in most countries. However, they can vary from shop to shop. A business day is a day of the week and the hours within that day when a company or organization conducts normal business. Normal working days in most countries are Monday to Friday from 9am to 5pm. Many companies have business days and hours that are similar to those in the banking industry.

The majority of the world’s governments, banks, and educational institutions use the same calendar for business days and times, as well as the same holiday schedules.

Saturday is a business day for banks

For example, the Federal Reserve is closed on Saturdays in the United States. Banks cannot conduct transactions or activities with the Federal Reserve, impacting the bank’s ability to complete transactions throughout their system. We treat Saturday as a non-business day because banks cannot conduct high-level transactions with the Federal Reserve on that day.

In summary, most banks do not consider Saturdays as business days. The fact that banks in the United States are closed on Saturday prevents them from conducting important transactions with the Federal Reserve. Although banks have branches open and customers are served on Saturdays, Saturday is not a true “business day” as important business operations and transactions cannot be completed.

While some banks are open on Sundays and Saturdays, they will not be able to conduct transactions such as check cashing or financial operations until Monday. So Saturday is a non-working day for banks.

Saturday is a business day for UPS

UPS delivers to residential and business customers on Saturday, but it is not a business day for them. When UPS’s global logistics networks are fully operational, their business hours are Monday through Friday.

The private and public offices are also open and ready to accept cargo. The company allows Saturday next day air delivery to some Friday markets. However, this service is not available during regular business hours, so you will need to ask UPS to deliver on a Saturday. Monday, the next working day, standard next day air items dispatched on Friday will be delivered.

Saturday is a business day for shipping

Shipping on Saturday is not possible. It is only delivered on Saturdays with UPS Priority Mail, the only exception to this rule. So if you choose other carrier, the delivery date will be determined by company policy.

business days for FedEx

FedEx Ground operates Monday through Friday. The working days for shipping and home delivery are Tuesday to Saturday.