Attention with information. This Monday, May 1, the ‘Labor Day‘ in various parts of the world and including Mexico, which is why a holiday is enjoyed by law and several public and private establishments will not operate this beginning of the month and week.
According to the Association of Banks of Mexico and the National Banking and Securities Commission, there are 11 holidays in which banks close their operations in the year, which they announced since November 28 of last year in the Diario Official of the Federation (DOF).
Will the banks open this Monday, May 1?
This Monday, May 1, the banks of the city and the entire country will not open their doors since it is a holiday. For this reason, banks and credit institutions will not open, because “they must close their doors and suspend operations,” according to the National Banking Commission.
However, if you need to carry out an urgent operation at a bank branch, we recommend you go from Friday, April 28 or Saturday, April 29, depending on whether the institution where you have a bank account opens.
After May 1, banks will operate without interruptions, at least until Saturday, September 16, which is a holiday for Independence Day in Mexico.
Despite the fact that the banks are closed, it is possible to carry out operations through the mobile applications of the institutions from your cell phone or computer, as well as withdraw cash at certain ATMs throughout the country.
Why is May 1 International Labor Day?
May Day, also called Workers’ Day or International Workers’ Day, a day that commemorates the historic struggles and achievements of workers and the labor movement, is celebrated in many countries on May 1. In the United States and Canada, a similar day is celebrated on the first Monday of September, known as Labor Day.
In 1889, an international federation of socialist groups and unions designated May 1 as a day of support for workers, in commemoration of the Haymarket Riot in Chicago (1886). Five years later, US President Grover Cleveland, uncomfortable with the socialist origins of Labor Day, signed legislation to convert Labor Day – already celebrated in some states on the first Monday in September – into the holiday United States official honoring workers. Canada did the same shortly after, details britannica.