Banking Hours Law and Legal Definition
Banking hours are the hours when a bank is open for its customers. Usually, one cannot get money out of the bank after banking hours. Banks promise to repay the deposit amount during banking hour. In addition to the regular hour, a banking hour includes a time within which a check can be presented after the closing hour. There must be sufficient cause for such presentment.
Legal Definition list
Related Legal Terms
- Abstraction [Banking]
- Accommodation Maker(Banking)
- Account [Banks & Banking]
- Acting in Concert [Banks & Banking]
- Affiliate [Banks & Banking]
- After Hours Market
- Aggregate Tuning Hours
- Alternative Mortgage Transaction [Banks & Banking]
- Application for a Deposit Facility [Banks & Banking]
- Appropriate Federal Banking Agency
