If your March paycheck arrives late, don’t panic. Since this year Easter Monday falls on April 1st, the day on which salaries for the month of March must be credited, the transfers will be pending, as explained by the Journal du Geek.
Closure of a payment system for four days
Even if some companies are able to progress, we will still have to be patient. Because Good Friday, which arrives three days early, is a public holiday for both Germany and Target 2, a single payment system for 55,000 European banks and their branches, operated by the European Central Bank based in Frankfurt.
Read also: How to read your pay slip?
Its exchanges are interrupted every Saturday, Sunday and public holidays, as BFMTV reminds. Therefore, Target 2 will not transfer transfers for four dayswith the exception of internal transfers between two accounts managed by the same bank, as well as instant transfers.
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Source: Madmoizelle
Mary Crossley is an author at “The Fashion Vibes”. She is a seasoned journalist who is dedicated to delivering the latest news to her readers. With a keen sense of what’s important, Mary covers a wide range of topics, from politics to lifestyle and everything in between.
