On Wednesday, JPMorgan Chase said it had deposited all the funds it had received from the IRS into customer accounts. ... Some of its customers received access to their stimulus funds on March 12, a day after President Joe Biden signed the $1.9 trillion bill into law.

What time does Chase deposit stimulus checks?

According to the official statement, any check processed before 8 PM (local time) will have the funds deposited by midnight. If the check is processed after 8 PM, the funds will be deposited the next business day.

Is Chase holding a stimulus check?

Both banks announced that they will be holding customers' stimulus checks until March 17, even though many Americans started receiving the funds over the weekend. ... Chase's statement said that the electronic payments of stimulus money would be available “as soon as Wednesday, March 17, 2021.”