New Year‘s Eve no longer a banking day

Due to an amendment implemented by the Central Bank of Iceland on its rules on Interbank Payment System, New Year's Eve, 31 December, is no longer considered a banking day.


An amendment to Central Bank of Iceland’s rules on Interbank Payment System results in New Year’s Eve, 31 December no longer being considered a banking day.

This means that all payments made on 31 December 2025 will be booked on Friday 2 January 2026 and counted toward the year 2026. All payments that should belong to the year 2025 must be executed no later than on Tuesday 30 December 2025. Customers issuing claims must make arrangements to ensure that claims intended for payment in 2025 are created with a due date no later than Tuesday 30 December 2025.

Íslandsbanki’s branches and contact centre will be closed on New Year’s Eve.

Read more (in Icelandic):

Reglur nr. 1030/2020 um millibankagreiðslukerfi Seðlabanka Íslands.

Reglur nr. 912/2025 um breytingu á reglum um millibankagreiðslukerfi Seðlabanka Íslands nr. 1030/2020.