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US banks hit by deposit delays. Matt Egan, CNN. November 4, 2023 at 4:55 PM. Patrick T. Fallon/AFP/Getty Images.
The private company that processes many bank-to-bank electronic transfers said a 'processing error' last week led to payment delays on roughly 850,000 transactions.
The deposit delays are linked to a problem that emerged on Friday with the Automated Clearing House (ACH) payments system, causing headaches for consumers and employers. Banks stressed to ...
Bank of America and other major banks experiences deposit delays Friday. Observer file photo. Show comments. Advertisement. Advertisement. In Other News. Entertainment. Entertainment. The Today Show
And last week the Federal Reserve urged banks to “work quickly” to resolve issues for their customers experiencing delays. But if yours has not, contact your bank and let them know the ...
Capital One is continuing to experience a disruption to its service on Friday, with some customers frustrated that they are unable to see their deposits. The company said that 90% of the problems ...
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