# Why can't I send money on the weekend? **URL:** \ **Category:** Factual Questions\ **Created:** [October 12, 2014, 10:58pm UTC](https://boards.straightdope.com/t/why-cant-i-send-money-on-the-weekend/701151 "2014-10-12T22:58:21Z")\ **Posts on this page:** 5\ **Page:** 1
**Author:** ![Bijou\_Drains](https://sea3.discourse-cdn.com/straightdope/user_avatar/boards.straightdope.com/bijou_drains/32/2814_2.png) [@Bijou\_Drains](https://boards.straightdope.com/u/Bijou_Drains)\ **Post date:** [October 12, 2014, 10:58pm UTC](https://boards.straightdope.com/t/why-cant-i-send-money-on-the-weekend/701151/1 "2014-10-12T22:58:21Z")
It seems that whatever place is in charge of bank to bank money transfers shuts down on the weekend and holidays - is that correct? Is this the Federal reserve? Or another place? I guess it’s nice they still think it’s 1940. ---
**Author:** ![Duckster](https://sea3.discourse-cdn.com/straightdope/user_avatar/boards.straightdope.com/duckster/32/1244_2.png) [@Duckster](https://boards.straightdope.com/u/Duckster)\ **Post date:** [October 12, 2014, 11:12pm UTC](https://boards.straightdope.com/t/why-cant-i-send-money-on-the-weekend/701151/2 "2014-10-12T23:12:39Z")
> **[Why do bank transfers and credit card payments not execute on the weekend?](https://www.quora.com/Why-do-bank-transfers-and-credit-card-payments-not-execute-on-the-weekend)** > > Answer (1 of 16): Each bank operates and settles transfers as per their own schedule. You should be able to ask your bank how settlements are handled that are posted on Friday. Many banks will have a cut-off time, so anything say posted after say 10... According to one response it’s to prevent a run on bank funds when other banks and regulatory functions are not operating. When it comes to banking, either everyone is in play or no one plays. ---
**Author:** ![Bijou\_Drains](https://sea3.discourse-cdn.com/straightdope/user_avatar/boards.straightdope.com/bijou_drains/32/2814_2.png) [@Bijou\_Drains](https://boards.straightdope.com/u/Bijou_Drains)\ **Post date:** [October 12, 2014, 11:45pm UTC](https://boards.straightdope.com/t/why-cant-i-send-money-on-the-weekend/701151/3 "2014-10-12T23:45:21Z")
A lot of branch banks are open on Sat. now. Also some are open Sunday too. My credit union is open from 7 to 7 every day except major holidays. People can withdraw on the weekends with no problems. I think it comes down to the fact that they simply don’t care to change the status quo. ---
**Author:** ![thelurkinghorror](https://avatars.discourse-cdn.com/v4/letter/t/7c8e57/32.png) [@thelurkinghorror](https://boards.straightdope.com/u/thelurkinghorror)\ **Post date:** [October 13, 2014, 3:00am UTC](https://boards.straightdope.com/t/why-cant-i-send-money-on-the-weekend/701151/4 "2014-10-13T03:00:07Z")
But any transaction on Saturday, or after a certain cutoff on Friday, is pushed to occur on the next Monday. Or Tuesday if that’s a holiday. It doesn’t affect your withdrawals, but deposits, transfers, and such won’t be credited until Monday. Inertia, mostly. ---
**Author:** ![Schnitte](https://sea3.discourse-cdn.com/straightdope/user_avatar/boards.straightdope.com/schnitte/32/9033_2.png) [@Schnitte](https://boards.straightdope.com/u/Schnitte)\ **Post date:** [October 13, 2014, 6:47am UTC](https://boards.straightdope.com/t/why-cant-i-send-money-on-the-weekend/701151/5 "2014-10-13T06:47:10Z")
I’m pretty sure thespecialised client-to-client money transfer networks such as Western Union and MoneyGram also operate on weekends. The big real-time settlement systems for interbank transfers that are run by central banks (such as [Fedwire](http://www.frbservices.org/fedwire/) in the U.S. or [Target2](https://www.ecb.europa.eu/paym/t2/html/index.en.html) in Europe) are indeed shut down over the weekend, but there are other ways for banks to clear payments.