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Labrish
Nyuuz
So What is a Business Day Anyway
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[QUOTE="Munyaradzi Mafaro, post: 32013, member: 636"] A business day happens when companies run their normal activities. Most places in Western countries work Monday through Friday from 9 a.m. to 5 p.m. local time. These eight-hour periods skip weekends and public holidays. Banks need business days to clear checks. The markets count any day they open for trading as a business day. You might wait two or more business days for your check to clear at a bank. This waiting time jumps over weekends and holidays. Different countries follow various workweek schedules. Middle Eastern nations often work Sunday through Thursday. Countries like India, Mexico, and Colombia include Saturday as part of their standard workweek. Mail services tell you how many business days your package needs for delivery. A four-day delivery promise might actually take seven total days if a weekend falls between those days. The United States typically has around 252 trading days every year. Companies doing business across borders face extra waiting times for their money transfers to be completed. Financial agreements can be settled in different periods. Some finish in just one day; others need three business days to wrap up. How quickly these deals close depends on how advanced and active those markets are. Modern technology has changed how we think about the traditional business day. Many companies can handle tasks almost any time through electronic methods. When someone mentions "one business day," they usually mean the next working day on the calendar. This equals about 24 hours, depending on when you start counting. Business days vary between countries. Muslim nations often take Friday off for religious reasons, making their weekends Friday and Saturday. Their business week runs Sunday through Thursday. The standard closing time stays 5 p.m. for many places, but this changes based on the type and location of each business. [/QUOTE]
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Nyuuz
So What is a Business Day Anyway
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