If you use one of these banks, your stimulus check could be delayed

Banking with one of these companies can prevent you from waiting for your next stimulus payment.


After theLast stimulation letter adopted last weekAmericans across the country were eager to receive the third cycle of stimulus checks, worth a basic standard of $ 1,400. But while some people started receiving theirDirect deposit payments this weekend, others were allowed to wait. Now, several banks say it's not their fault. Some widely used banks have recently announced thattheir customers will not have access In the new series of stimulus payments until March 17 at the earliest, saying that this is out of their control and the actual result of the official payment date of the IRS not until then. Read to read to find out which banks could cause your stimulus check to be delayed and that anyone was waiting for payment,Your stimulus check can never come if you do not do it, IRS says.

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hunt

Charleston, USA - October 17, 2019: West Virginia capital city cityscape skyline with Chase bank and logo on building and cloudy sky
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huntupdated their website On March 12, customers know they "expect" stimulus payments to be available for most hunting customers as of March 17 "" when we receive the money from the IRS Wednesday, we Let's go immediatelyDeposit it in the accounts of our customers, "Amy BonitibusThe Director of Communications for Chase, told the initiate. And for more reasons for reasons why your payment could be retained,If you did this over the past year, your stimulus check could be delayed..

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Wells Fargo

August 10, 2019 San Francisco / CA / USA - Wells Fargo branch in SOMA district
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Wells Fargo announced in a tweet on March 12Eligible customers to receive a direct deposit of the verification of stimuli "may expect from March 17, 2021." The Bank also told CBS MoneyWatch that they would give up overdraft fees that occurred as a result of the expectations of these funds. "Our goal is to support our customers and proactively reverses Fargo Wells exceptional fees, including overdraft fees, for those who have a negative negative daily qualification balance when their recovery payment is filed," said Wells Fargo in an electronic statement. And for more stimulus news,If you have not yet received your stimulus payment, you must check that..

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America

AUSTIN, TX - SEPT 2: A Bank of America branch in Austin, Texas on September 2, 2011. The US government announced that it will sue Bank of America for selling toxic mortgage-backed securities.
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Bank of America has not yet published a statement specifically indicating that they hold stimulation payments until March 17, but many Twitter Banking users with society have expressed theirFrustration compared to delayed stimulation controls. Some users reported that they spoke to the Bank of America's customer service representatives that reported that payments will not be available before March 17. The Bank of America website also says that "all direct deposit payments are displayed atOpen accounts on the effect date fixed by the Treasury, "which for this series of stimulus payments is March 17th. And for more information up-to-date,Sign up for our daily newsletter.

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There could be other reasons your stimulus check is delayed.

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If it's not your bank delaying your stimulus check, it could be something else. For example, the IRS says theThe bank can reject your deposit, which could happen if your banking information is incorrect or if your bank account has been closed. And if you moved last year and you have not updated the IRS with your new address, the post office will return your payment to the IRS. To remedy these situations, you will have to check the "Obtain my payment"IRS tool, which will tell you where your payment is. If you see an opinion that says" Need more information ", your payment is delayed because it was returned to the IRS, and you will need to provide to the agency new information to receive your check. And for more financial advice,If you wait for a stimulus check, read this before depositing your taxes.


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