Bank of America said account information remained secure and balances would be updated as soon as the deposits were received.
FILE - In this photo illustration a Bank of America logo seen displayed on a smartphone screen with Bank of America website in the background.Earlier on Friday, some Bank of America customers received a message in their mobile app, notifying them that some people may experience delayed deposits due to "an issue impacting multiple financial institutions," the message read.
"Your accounts remain secure, and your balance will be updated as soon as the deposit is received," the message continued. The "issue" could have stemmed from The Clearing House , which is a payment system owned by some of the largest commercial banks in the world, according to a"The Clearing House has experienced an ACH processing issue which impacts less than 1% of the daily ACH volume in the United States.
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Bank of America informs customers some deposits may be delayedRooted in fact-based, transparent reporting, Newsy is an award-winning opinion-free network owned by the E.W. Scripps Company that is relentlessly focused on “the why” of every story and seeks to enable a more intimate and immersive understanding of the issues that matter.
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