Nay-Sayers read on PATHER Deposits, how banking works versus canned responses

[Damerne]

There actually have been some posts where people have gotten theirs, and my aunt already has hers and she had both credits as well. So for those who are to be getting their funds on 2/27 the bank transfer would start approx 3 to 5 days prior to ensure the bank has the funds to be released on that day. So if you are to get your funds on the 27th then generally speaking form a banking stand point the deposit should be sent on or around the 22nd.

You want to think of it as the IRS writing your bank the check with a post date marked on it, meaning the bank shouldn’t release the funds until the date marked on the deposit. So if your deposit hits your bank you may want to take a look at how it was processed. It should look something like this “02/22/2019 ACH IRS TREAS 310 ; TAX REF $ X,XXX.00. 02/27/2019”

And when you are getting information from any rep friend or not you have to understand they are an employee and have been made aware of a canned response. They may know tips and tricks to help things along but they are only allowed the information that they need to complete their job, and most of it is providing canned responses. Take this from someone who worked there a few years back doing just that, taking calls, worst job ever btw.

[Casandria]

Actually, not all banks or credit unions work the same and some people receive their money sooner than others because of that very fact. For example, my credit union won’t release any funds until the day of and nothing hits at midnight, hell, it sometimes doesn’t even show up until after 8am the day of. USAA, on the other hand, will release your refund a day early if you call. Other banks give you early access automatically.

Additionally, banks don’t need a 5 day notice for an ACH transaction and I guarantee you they aren’t getting one from the IRS. I worked in disaster recovery for Bank of America for several years. I was responsible for making sure that ACH nationwide would be able to continue to operate during any emergency.

I’ve also never seen an ACH deposit recorded the way you noted with any bank that I’ve had an account with, but again, every bank is different.

You are correct about the canned responses from the IRS; it’s all they are allowed to say until the 27th.

The thing that really doesn’t add up for me is that I’ve always gotten my DD on a Thursday. I’ve been weekly for 9 years and it’s always been on a Thursday.

IRS has told pathers to call if they don’t get their deposit by the 27th which means if it doesn’t come tomorrow, it would either be the first year it didn’t come on Thursday or I’m going to be making a phone call.

[itsme]

one correction….SBTPG might send if you are TT

[itsme]

A post that finally makes sense but nobody will reply because just like the newa cycle everyone wants some really good or bad news all the time.

[WillBeas]

huh

[Author]

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