Some of the nation’s $1,400 stimulus checks started hitting bank accounts this past weekend, the Internal Revenue Service said.So what’s up with having to wait until March 17?That’s what some people groused on social media as they focused their ire on bank, including Wells Fargo and Chase.The banks, for their part, say they will make the cash available as soon as they get it.Wed., March 17 is the official payment date, the IRS said.“When we receive the money from the IRS on Wednesday, we’ll immediately deposit it in our customers’ accounts,†a Chase Bank JPM, -0.50% spokeswoman said. Because Chase does not actually have the money, it’s not earning interest, the bank confirmed.“We know the importance of the stimulus funds to our customers, and Wells Fargo is making the stimulus funds available immediately when they are made available to us,†a Wells Fargo WFC, -0.68% spokesman said.
Sign in to continue to Global Noticeboard
Enter your email to receive a reset link
Create a new password for your account
You are marking this Notice are inappropriate, and you belive it infringes on the Global Noticeboard Community Guidelines (link). Is this so?
Create 3 Noticeboards to earn this Silver level Community Champion Badge.
View all badges that you can earnPlease tell us why you are reporting this content.