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Wells Fargo, Chase criticized over timing of third stimulus check delivery

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With cash on the way in the form of pandemic-related stimulus checks, many Americans face a tough question – what to do with the money? (iStock) Wells Fargo and JPMorgan Chase told customers they may not receive the third round of stimulus checks until at least Wednesday, drawing ire from some Americans who were hoping to see the money arrive sooner.Millions of Americans are poised to receive direct cash payments worth up to $1,400 after President Biden signed into law the American Rescue Plan last week, injecting another $1.9 trillion into the nation's pandemic-battered economy.

Although the Internal Revenue Service has said the official payment date for the money is March 17, it has already started distributing the money.Wells Fargo said.

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