but if you buy food this month, or fill up your car with gas, say "buh bye!"
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Stimulus checks: Here's why you're still waiting for your payment
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While some Americans got their stimulus payments over the weekend, tens of millions are set to receive their payments on Wednesday, March 17, due to instructions from the Internal Revenue Service.
"The IRS recently sent an initial wave of tens of millions of economic impact payments via the Automated Clearing House (ACH) system," according to a statement issued by nine banking and credit union industry groups. "The actual funds will be sent to the banks and credit unions on March 17, at which time funds will be made available to customers."
The money should be transferred from the government to the banks' and credit unions' settlement accounts at the Federal Reserve on Wednesday at 8:30 a.m. EDT, according to Nacha, the body that governs the ACH Network that facilitates payment transactions. Americans should see the direct payments in their accounts by 9:00 a.m. local time on Wednesday, per Nacha rules.
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So it's 9 a.m. local time today.
MORE HERE: http://money.yahoo.com/stimulus-checks-waiting-payments-201002019.html
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