Wells Fargo, JPMorgan’s stimulus cheque ire

JPMorgan, for its part, recommended that consumers set up account alerts to tell them when the deposit posts to their account.

NEW YORK: Wells Fargo & Co and JPMorgan Chase & Co told customers they might not receive their stimulus money until tomorrow at the earliest, sparking backlash from consumers who were hoping to see the cash hit their accounts sooner.

United States consumers have been eager to receive their US$1,400 (RM5,763) payment after president Joe Biden signed into law a third round of direct stimulus transfers in less than a year. The Internal Revenue Service (IRS) has said while the official payment date is March 17, it’s begun sending the payments.