18.12.2025
31 December No Longer a Banking Day
Following a decision by the Central Bank of Iceland, 31 December will no longer be a banking day. This change affects companies, institutions, and others who issue claims, pay salaries, and carry out other payments as follows:
Claims payable in 2025 must have a due date no later than Tuesday, 30 December.
All payments relating to the year 2025 must be completed by the end of day on 30 December.
The large-value payment system will be closed on 31 December.
As 31 December will not be a banking day, all payments made on that date will be posted on 2 January 2026.
Further information can be found in the Central Bank of Iceland’s announcement (In Icelandic):
Reglur um breytingu á reglum um millibankagreiðslukerfi Seðlabanka Íslands nr. 1030/2020
Arion Bank’s customer service centre and branches will be closed on 31 December. However, we note that online banking and the Arion app will of course remain accessible, as on all other days of the year.
Season’s greetings,
The staff of Arion Bank
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