Topline Major U.S. banks and credit unions must make the first wave of stimulus payments available to eligible customers by Wednesday at 9:00 a.m., local time—the official payment date designated by the Internal Revenue Service. getty Key Facts The IRS announced that payments would begin rolling out last Friday, prompting a slew of complaints over the weekend from bank customers who couldn’t access their stimulus payments immediately. Banks, including Wells Fargo and Chase, were quick to clarify that the delay was not on their end: “We are providing the payments to our customers as soon as possible on the date the funds are available, based on IRS direction,” a Wells Fargo spokesman told Bloomberg. That disconnect happened because the banks had not yet received the money from the federal government, but they had received information from the IRS about the money’s final destinations, according to Nacha, the organization that oversees interbank settlements. The IRS issued a warning Friday that some people might see direct deposits listed as “pending” or “provisional . . . before the offici… Click below to read the full story from Forbes
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