Banks suspend ops on Nov. 1-2

By Joann Villanueva

October 31, 2023, 7:11 pm

MANILA – Local banks have advised their clients to be prepared ahead of the bank operations’ suspension on All Saints’ Day (Nov. 1) and All Souls Day (Nov. 2).

PS Bank, Metropolitan Group’s thrift banking arm, in an advisory on Tuesday said all its branches nationwide will be closed during the two-day holiday.

“All of PSBank’s ATMs (automated teller machine) and PSBank Mobile/Online will continue to be available for any banking needs,” it said.

The bank said mobile check deposits made after the 4 p.m. cut-off time on Tuesday (Oct. 31) and during the holidays “will be processed on the next banking day (Oct. 31 & Nov. 3).”

It also said that time deposits maturing on the holidays, PESONet transactions done after 3 p.m. on Tuesday and during the holidays will be processed on Oct. 31 and Nov. 3 while bills payments enrolled on automatic debit arrangements and debiting of accounts with due dates during the holidays will proceed on schedule.

“For PSBank loan payments, accounts will be debited on the next banking day (Oct. 31 & Nov. 3),” it added.

Ayala-led Bank of the Philippine Island (BPI) said all its branches will be closed from Nov. 1 and 2 but its clients may do their transactions through the BPI mobile app, BPI online, ATMs and cash accepting machines (CAM).

“You may also use your BPI credit, debit, and prepaid cards for cashless/online and in-store purchases,” it added.

State-owned Land Bank of the Philippines (Landbank) branches will also be closed on Nov. 1 and 2, except for the branches at South Harbor and the Bureau of Customs (BOC) Manila International Container Port (MICP) “to accommodate BOC transactions only.”

Nov. 1 is a regular holiday while Nov. 2 is a special non-working holiday. (PNA)