Huge Banks Are Now Experiencing Serious Money Outages

Large banks are currently experiencing a significant money outage that impacts direct deposits and consumer account balances.

Consumers at Truist, JPMorgan Chase, Bank of America, US Bank, Wells Fargo, and JPMorgan Chase report that money that should be in their accounts is missing.

Each of the 5 banks is experiencing significant problems, according to the network monitoring tool Downdetector.

Both Wells Fargo and Bank of America have issued detailed remarks on the problems via Twitter, assuring clients that their teams are addressing the problem.

One user posted on Friday morning, saying, “Wells Fargo direct debit is already a day late and customer service has no idea when the funds will come wtf.”