I receive daily deposits from my credit card processor. Didn't get one today and we received credit card payments yesterday. Both the processor and my bank state there is a system wide delay with the way ACH's are handled on the federal banking system. They claim it will be back to normal tomorrow and they I will receive today's and tomorrow's deposit tomorrow.

Is this fishy?

I work for a bank and had issues yesterday/this morning as well. At around 4AM they told our teams the issue should be resolved but they are behind and should be caught up today.

Oh how I remember the days when I wanted nothing more than to send our Fedwire router by UPS to Iraq and claim it was a WOMD so that the full force of the US arsenal could be brought to bear on that dilapidated pieces of useless crap.

Forgive me my ignorance, but wasn't part of the "digital dollar" plan meant to create a new system?

Family member of one owns a business and had this happen to him recently.

reineraggie09 said:

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I receive daily deposits from my credit card processor. Didn't get one today and we received credit card payments yesterday. Both the processor and my bank state there is a system wide delay with the way ACH's are handled on the federal banking system. They claim it will be back to normal tomorrow and they I will receive today's and tomorrow's deposit tomorrow.

Is this fishy?

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are you talking about wire transfers?

I hope you are correct

because I made two wire transfers on Wednesday afternoon and they hadn't received them by thursday afternoon.

LMCane said:

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reineraggie09 said:

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I receive daily deposits from my credit card processor. Didn't get one today and we received credit card payments yesterday. Both the processor and my bank state there is a system wide delay with the way ACH's are handled on the federal banking system. They claim it will be back to normal tomorrow and they I will receive today's and tomorrow's deposit tomorrow.

Is this fishy?

---

are you talking about wire transfers?

I hope you are correct

because I made two wire transfers on Wednesday afternoon and they hadn't received them by thursday afternoon.

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I had a personal one incoming delayed that was supposed to hit Wednesday and didn't show. Finally came in Thursday.

My Thursday and Friday payments from my credit card processor both showed up today. Seems like it's back to normal. But man, for a start up business, cash flow interruptions are no joke.