Bank of America Hours: Full Hours and Holiday Schedule (2024)

FAQs

Is Monday a business day for Bank of America? ›

Many Bank of America locations are open six days a week, Monday through Saturday. If you need to do any banking on a Sunday, you'll have to make do with an ATM or by using your online account or mobile app.

Bank hours

Many Bank of America branches are open Monday through Saturday. However, hours vary by location, so you should confirm the hours of operation before visiting.

Funds deposited before 9:00 p.m. ET on a business day will generally be available the next business day. Funds deposited before 8:00 p.m. PT on a business day will generally be available the next business day. You will be notified if a hold is placed on any deposited funds.

Are banks open on Juneteenth? Many banks will be closed on June 19th, following the Federal Reserve's holiday schedule. Among those that have announced closures on Juneteenth are Bank of America, Wells Fargo and J.P. Morgan Chase.

Most banks close on federal holidays

Individual states might recognize extra holidays or operate on different hours, so it's always a good idea to check with your local bank branch. Remember, while banks can choose to be open on holidays, transactions won't be processed until the next business day.

Banks are open from 8 a.m. to 3 p.m. on Monday and from 8 a.m. to 1:30 p.m. Tuesday to Friday.

Last year, Bank of America and other financial institutions closed hundreds of locations. As the main reason for the measure, banks pointed to a change in the banking needs of their clients, since more transactions are currently performed outside physical branches.

Banks have to report any deposits above $10,000 to the IRS on a form known as the Currency Transaction Report. Yes -- even if it's only $10,000.01. It's not just deposits, either. Banks are required to report any transaction of over $10,000, including withdrawals.

In most cases, a check should clear within one or two business days. There are a few cases in which a check might be held for longer, such as if it's a large deposit amount or an international check. Make sure to review your bank's policies for what to expect in terms of check hold times.

Since Bank of America does not have a set withdrawal limit at the counter, it may be possible to withdraw the entirety of your account balance. However, in order to close your account, you'll need to make an appointment with a banking specialist.

What is the limit to cash a check at Bank of America? ›

There is no limit of a check that can be cashed. however the bank may not have that physical amount of cash on hand so they would have to order it and you pick it up in a couple days. They may also want to verify if the check is valid since it's just a personal check handwritten which could take a day or so.

While you can deposit checks over $10,000 at any bank or ATM, cashing this requires the bank to report it to the Internal Revenue Service (IRS), a rule for all cash transactions over $10,000. If you need a substantial check, you may also want to consider cashier's checks that the bank guarantees.

You can cash (or deposit) the check at your own bank. But you can also cash it at the bank that issued the check, too. To truly cash a check at your bank, as opposed to depositing it and making a withdrawal, you will need to do so in person with a bank teller. Again, make sure to bring photo ID and your debit card.

Otherwise, the cheapest option, based on our research, is First Bank & Trust, which charges $16 a year for a small safe-deposit box (3 by 5 by 22 inches). Cheaper options may be available, especially if you have an existing account with a bank or credit union.

Go to the issuing bank

In some cases, the bank that issued the check will also cash it for you -- even if you aren't a customer. Bank of America, for example, will cash some checks it issued. There's a catch, though: You'll pay $8 for every check you cash over $50.

A business day is normally Monday through Friday, from 9 a.m. to 5 p.m., excluding holidays. Consumers often encounter business days with regard to settling or clearing financial transactions or for the delivery of goods or services.

Payments (other than payments to a Bank of America Payee) initiated before 5:00 p.m. ET on a business day will be scheduled and begin processing on the same business day. Payments that are entered after this cut-off time or on a day that is a non-business day will be scheduled and processed the next bank business day.

With this service, payments are processed within two hours. Bank of America processes direct deposits at different times depending on the type of deposit. Electronic deposits are usually processed before 8:00 am on business days, while paper checks are typically processed later in the day.

The term business day means Monday through Friday, except the legal public holidays specified in 5 U.S.C.