Most people get paid on Fridays and many found a rude awakening when they went to check their accounts today for their paychecks: the money wasn’t there!
Reports are pouring in and it seems to be affecting all major banks…
Wells Fargo
Chase
Bank of America
Reports are flooding in on X:
JUST IN: Customers at Bank of America, Chase, Wells Fargo and others reported issues on Friday morning. The problem, related to the Automated Clearing House (ACH) network, has led to temporary delays in deposits. ACH is managed by the Federal Reserve Banks.
CNN reports the ACH system is to blame….
NEW: Bank of America warns of banking industry deposit delays. Customers at BofA, Chase, US Bank, Truist & Wells Fargo have complained of issues via @downdetector. Source tells @CNN the issue appears to be related to the ACH banking system.
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