Does banks open on chinese new year in taiwan
In Taiwan, Chinese New Year (also known as the Spring Festival) is a significant holiday, and many banks and financial institutions typically close or operate on reduced hours during this period.
The exact opening hours of banks in Taiwan during Chinese New Year may vary depending on the bank and its location. However, here are some general guidelines:
- Major banks: Most major banks in Taiwan, such as Bank of Taiwan, Land Bank of Taiwan, and First Commercial Bank, usually close for 3-5 days during Chinese New Year. They may reopen on the 5th or 6th day of the Lunar New Year, but with limited hours.
- Private banks: Private banks, such as Cathay United Bank, E.Sun Commercial Bank, and Hua Nan Commercial Bank, may also close for 3-5 days, but some may reopen earlier, usually on the 4th or 5th day of the Lunar New Year.
- Branches in tourist areas: Some bank branches in popular tourist areas, such as Taipei 101, Sun Yat-sen Memorial Hall, or night markets, may remain open for a shorter period, usually 1-2 days, to cater to foreign tourists.
- Online banking and ATMs: Online banking services and ATMs are usually available 24/7, including during Chinese New Year.
To confirm the opening hours of a specific bank branch in Taiwan during Chinese New Year, you can:
- Check the bank's website or mobile app for announcements.
- Contact the bank's customer service hotline or visit a branch in person to inquire about their holiday schedule.
- Use online resources, such as Taiwan's Central Bank website or Taiwan Tourism Bureau website, which often provide information on bank holidays and operating hours during Chinese New Year.
Remember to plan ahead and make necessary arrangements for your banking needs during Chinese New Year in Taiwan.