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BAC Bank of America Corporation

37.48
0.23 (0.62%)
Pre Market
Last Updated: 11:09:00
Delayed by 15 minutes
Share Name Share Symbol Market Type
Bank of America Corporation NYSE:BAC NYSE Common Stock
  Price Change % Change Share Price High Price Low Price Open Price Shares Traded Last Trade
  0.23 0.62% 37.48 4,554 11:09:00

Bank Customers Complain of Direct Deposit Delays, CNN Says

03/11/2023 5:59pm

Dow Jones News


Bank of America (NYSE:BAC)
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From May 2023 to May 2024

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By Denny Jacob

 

--Customers at Bank of America, Chase, US Bank, Truist and Wells Fargo have complained of issues on Friday morning, CNN reported, citing the Downdetector online outage monitoring platform.

--The issue appears to be related to the Automated Clearing House, a network for processing transactions that's operated by the Federal Reserve Banks and the Electronic Payment Network, the report said, citing an industry source.

--A Chase spokesperson confirmed to CNN that some direct deposits haven't updated. None of the banks provided a comment, while the Federal Reserve nor the Treasury Department were immediately available for comment, according to the report.

 

Full story at https://www.cnn.com/2023/11/03/investing/bank-deposit-outage/index.html

 

Write to Denny Jacob at denny.jacob@wsj.com

 

(END) Dow Jones Newswires

November 03, 2023 13:44 ET (17:44 GMT)

Copyright (c) 2023 Dow Jones & Company, Inc.

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