Singapore Bank Holidays: Fascinating Facts & Unique Traditions Revealed

In Singapore, bank holidays play a vital role, in commemorating meaningful cultural and religious occasions that occur throughout the year. These special days not only enable locals to embrace their rich heritage but also grant them a chance to unwind and recharge. 

Join us on an exhilarating exploration as we uncover the plethora of bank holidays in Singapore, immersing ourselves in captivating traditions and customs tied to each festive event. From the dawn of New Year to the warmth of Christmas, let’s embark on a thrilling voyage through the kaleidoscope of celebrations adorning Singapore’s annual calendar.

Understanding Singapore’s National Holidays: The Employment Act and Ministry of Manpower

Singapore, a bustling financial hub in Asia, brims with a tapestry of cultures—Chinese, Malay, and Indian—infusing life into its multicultural society. Amidst this vibrant city-state, dwellers and workers alike cherish the precious gift of public holidays, as mandated by the Employment Act, overseen by the Ministry of Manpower.

These holidays extend a well-deserved respite to employees, offering paid time off to unwind and rejuvenate. Remarkably, even if a public holiday coincides with a Saturday, those who don’t toil on Saturdays revel in an additional day of reprieve or enjoy extra rewards, fostering an enviable equilibrium between work and life.

Singapore’s Calendar of Public Holidays

January 1 – 2New Year’s Day
January 22 – 24Chinese New Year
April 7Good Friday
April 22 Hari Raya Puasa
May 1Labor Day
June 2Vesak Day
June 29Hari Raya Haji
August 9National Day
November 12 – 13Deepavali
December 25Christmas Day

Singapore Public Holidays 

New Year’s Day

Every 1st of January, Singapore welcomes the arrival of a fresh year with open arms. New Year’s Day, a momentous occasion, brings forth jubilant festivities and the promise of new beginnings. This historical day serves as a bridge from the old year to the new, evoking sentiments of resolution. In Singapore, it is customary to unite with loved ones and exchange heartfelt wishes for the year that lies ahead.

During this time, banks in Singapore typically cease their operations, allowing employees to bask in precious moments with their families. While this closure may lead to limited access to certain financial services like cash withdrawals and transactions, the advent of online banking has made it possible for customers to conveniently manage their finances, even during this festive holiday.

Fun Fact: Did you know that the practice of New Year’s resolutions can be traced back more than 4,000 years to the ancient city of Babylon? Fascinatingly, it was during this time that individuals would pledge their commitments to the gods, vowing to settle their debts and promptly return borrowed possessions.

Chinese New Year

The Chinese New Year, also called Lunar New Year, holds great significance in the cultural calendar of Singapore. Every year on January 22, this festival takes center stage. It is a time-honored tradition filled with symbolism, where the zodiac animal takes on a prominent role. The festive season is marked by lively lion and dragon dances and vibrant parades.

Furthermore, banks often adjust their operating hours, temporarily closing to allow their employees to join in the celebrations. However, worry not, for ATMs and online banking services remain accessible, ensuring that customers can conveniently manage their finances.

Fun Fact: Did you know that Singapore holds the largest street parade for Chinese New Year outside of China? The Chingay Parade, with its magnificent floats, acrobatic performances, and colorful costumes, attracts thousands of locals and visitors each year.

Good Friday

Marking the eve of Easter Sunday, Good Friday carries deep religious significance for Christians residing in Singapore. It symbolizes the crucifixion of Jesus Christ, depicting his ultimate act of sacrifice for mankind. During this occasion, believers participate in church ceremonies, engage in prayer and introspection, and contemplate the profound teachings of Christ.

Out of profound respect for this sacred observance, banks in Singapore traditionally close their doors on Good Friday. Consequently, physical branches and customer service centers may have limited availability. Nonetheless, online and mobile banking services remain operational, ensuring that customers can conveniently address their financial requirements throughout this period.

Fun Fact: Did you know that the term “Good Friday” does not originally imply a positive connotation? In fact, the word “good” in this context is derived from the Old English term “god,” which means “holy.”

Hari Raya Puasa

Hari Raya Puasa, or Eid al-Fitr, is a celebration that signals the conclusion of the Islamic sacred month of Ramadan. This festive occasion carries immense importance for the Muslim community residing in Singapore. Following a month-long period of fasting, Hari Raya Puasa becomes a time for appreciation, pardoning, and introspection.

During Hari Raya Puasa, banks in Singapore often make adjustments to their operational hours in order to accommodate the festivities. Some branches may either close temporarily or operate for a shorter duration, enabling employees to revel in the company of their loved ones. Nevertheless, online and mobile banking services remain fully functional, granting customers the convenience of remotely managing their financial matters.

Fun Fact: Did you know that Eid al-Fitr, commonly referred to as the “Festival of Breaking the Fast,” stands out as the foremost Islamic celebration cherished by billions of Muslims worldwide?

Labour Day

Labour Day, a worldwide occasion held annually on May 1st serves as a universal tribute to the invaluable efforts and triumphs of laborers. Singapore, in particular, bestows special significance upon this day as it honors the advancements brought forth by the labor movement. It prompts a time of contemplation upon the achievements of workers and the advocacy for just working conditions, fair wages, and employment rights.

This festive occasion may be marked by the temporary closure or modified operational hours of banks and enterprises. Nonetheless, the availability of digital banking services ensures individuals can conveniently access their accounts and conduct transactions as necessary.

Fun Fact: Did you realize that Labor Day, commonly referred to as International Workers’ Day, carries a rich historical legacy from the late 1800s? During this period, dedicated labor activists persistently advocated for the establishment of a national holiday to honor the invaluable contributions made by the workforce.

Vesak Day

Vesak Day, also called Buddha Purnima, holds deep significance for Buddhists worldwide as it honors the remarkable journey of Gautama Buddha—from his birth to his enlightenment and eventual passing. This sacred event brings together devotees who engage in a myriad of religious customs and traditions. Temples are adorned with a sense of awe, prayer services are embraced, and heartfelt offerings are presented as a profound testament to the timeless wisdom imparted by the Buddha.

During Vesak Day, banks in Singapore may adapt their operating hours or temporarily close their branches. This thoughtful measure grants employees the opportunity to actively partake in their religious commitments.

Fun fact: Did you know that Vesak Day is celebrated in various countries around the world, including Sri Lanka, Nepal, Malaysia, and India? It showcases the global impact and reverence for the Buddha’s life and teachings.

Hari Raya Haji

Hari Raya Haji, also referred to as Eid al-Adha, holds great significance within the Islamic community. It honors the unwavering obedience of Ibrahim as he prepared to sacrifice his beloved son in accordance with God’s will. This joyous occasion highlights the virtues of sacrifice, modesty, and benevolence. Singaporean Muslims actively engage in prayers and perform the sacred ritual of animal sacrifice.

As Hari Raya Haji unfolds, banks across Singapore may modify their operating hours, granting their employees the opportunity to cherish this festive time with their loved ones. While physical branches might experience limited services or temporary closures, online banking platforms remain accessible to customers, catering to their financial requirements.

Fun fact: Did you know that Hari Raya Haji is celebrated by millions of Muslims around the world, uniting diverse cultures and traditions in commemorating Ibrahim’s unwavering devotion?

National Day

Singapore’s National Day is an extraordinary event that honors the nation’s freedom. On the 9th of August, this significant occasion serves as a reminder of the moment in 1965 when Singapore emerged as an independent nation. National Day unites Singaporeans, fostering a collective appreciation for their common heritage and accomplishments.

As the nation revels in the festivities, it’s worth noting that while some physical branches of Singaporean banks may observe modified operating hours, the digital banking channels remain fully operational. This means that customers can effortlessly manage their accounts, perform transactions, and receive assistance through online and mobile banking platforms.

Fun Fact: Did you realize that when National Day arrives, the entire city adorns itself in honor of this momentous occasion? Flags gracefully adorn the buildings, the airwaves resonate with patriotic melodies, individuals proudly don red and white attire, and the grand spectacle of the National Day Parade takes center stage.


Deepavali, also known as Diwali, is a major Hindu festival that celebrates the triumph of light over darkness and good over evil. The festival is marked by the lighting of oil lamps, colorful decorations, intricate rangoli designs, and the exchange of gifts. Deepavali holds deep spiritual significance for Hindus, signifying the victory of Lord Rama over the demon king Ravana and the return of light and prosperity into their lives.

During Deepavali, banks in Singapore may adapt their operations to accommodate the festivities. While physical branches may have adjusted hours or temporary closures, online banking platforms remain accessible for customers to conduct transactions, check balances, and manage their finances. 

Fun Fact: Did you know Diwali, also known as Deepavali, carries the beautiful meaning of “row of lights” in Sanskrit, an ancient Indian language? This festive occasion sees dwellings adorned with luminous lights and oil lamps known as diyas.

Christmas Day

Christmas Day, observed annually on December 25th, holds deep meaning for Christians across the globe. In Singapore, this cherished occasion is a time of immense joy, marked by exuberant festivities, heartfelt family gatherings, and the generous spread of goodwill. Magnificent adornments grace malls, streets, and homes, casting a vibrant aura, while churches host special ceremonies and melodic performances.

In sync with the merriment, banks in Singapore customarily adjust their operational hours, ensuring their staff can savor the holiday moments with their dear ones. While physical branches may offer limited services or close their doors, online and mobile banking platforms remain readily accessible, guaranteeing uninterrupted service for customers.

Fun Fact: Singapore’s Orchard Road, a renowned shopping district, undergoes a remarkable transformation during Christmas. The street is adorned with elaborate decorations and becomes a hub of festive activities, attracting both locals and tourists.


Singapore’s bank holidays are a time to rejoice in the nation’s diverse tapestry of cultures and peaceful coexistence. From the dawn of the year to the arrival of Christmas, each holiday paints a unique picture of customs, rituals, and merriments. These joyous occasions not only grant a respite from work but also weave stronger family ties, nurture communal spirit, and showcase the vibrant multicultural tapestry that adorns Singapore.

Whether it’s the lively processions of Chinese New Year, the contemplative moments of Good Friday, the benevolence of Hari Raya Puasa, or the patriotic zeal of National Day, every bank holiday in Singapore offers a glimpse into the traditions, principles, and faiths of different communities. These festivities stand as constant reminders of the significance of togetherness, reverence, and empathy within Singapore’s varied populace.

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