Hi. The IRS had said before they would be issuing the stimulus payments, (direct deposits and checks) in waves. The first wave, last week was like 50 or 80 million. This week, the next tens of millions will be sent off, then the.following week. So basically one day each week the IRS will send tens of millions of payments to people all at once....Now for ur specific question the Treasury Ways and Means Committee said that if you update ur direct deposit information by a Thursday of one week, u will have the payment in your bank account the following week friday at the latest. If you updated your direct deposit info last week when the site opened on wednsday or Thursday (15th or 16th) then you will have your payment this weel by friday (the 24th). The IRS actually sends the payments to individual banks as soon as tomorrow, but then depending on how your bank processes the payments to each account, it may take them a day or two, whoch is why IRS is saying this weeks rounds will be in personal accounts by Friday the latest. Hope this helps.
