Bank of America stated "deposits are going to be processed and the delay is due to an external network that processes transactions" pic.twitter.com/j1Rw9f8kMT
— CryptoBitcoinChris (@CryptoBTC_Chris) November 5, 2023
Good morning, Amy. Due to an industry-wide delay with Federal ACH transactions, some ACH credits and debits, including some Direct Deposits, haven't been processed. We recommend that you contact your employer or ACH originator for more information. Thank you.
-MO
— PNC Bank Help (@PNCBank_Help) November 5, 2023
Multiple reports of Uber, Lyft and DoorDash delivery drivers are not getting their direct bank deposits when they cash out after making trips due to on going Bank Deposit delays. Seem the deposit delay is growing with more banks being effected. https://t.co/2nDKKUZhaE
— Alphonsus Olieh Jr. (@AlphonsusOlieh) November 5, 2023
https://twitter.com/_/status/1721208940518879686
Customers at several big banks on Friday wrestled with direct deposit delays stemming from an industry-wide processing issue.
There was a surge of “outages” reported by banking customers Friday morning, including Bank of America, Chase, Truist, U.S. Bank and Wells Fargo, according to Downdetector. But the site does not specify the nature of the complaints.
All Federal Reserve Financial Services are operating normally, according to a Federal Reserve statement released Friday.
h/t jlee2027