Please be informed of the following banking holidays, which will affect wire transfer processing:
Friday, August 28 – United Arab Emirates
Prophet Muhammad’s Birthday
Wire transfer processing will be unavailable on August 28. Payments submitted on this date will be settled on the next business day, Monday, August 31.
As August 29 and 30 fall on the weekend, the effective processing delay will be three calendar days. Payments initiated after the cut-off time on Thursday, August 27, will also be settled on Monday, August 31.
Monday, August 31 – United Kingdom
Summer Bank Holiday
Wire transfer processing will be unavailable on August 31. Payments submitted on this date will be settled on the next business day, Tuesday, September 1.
Payments initiated after the cut-off time on Friday, August 28, will also be settled on Tuesday, September 1.
We recommend scheduling non-urgent wire transfers to the UAE and the UK outside these dates to avoid potential delays.
Thank you for your understanding.
VelaFi Team