Third stimulus check update: Latest timeline for $1,400 payments in bank accounts

The Internal Revenue Service has started processing and sending out stimulus checks for millions of Americans after President Joe Biden signed the $1.9 trillion coronavirus relief package.

But it could take some time before individuals and families see the money, and in some cases, it may depend on what bank you have. Tens of millions of people should be receiving their stimulus checks on Wednesday, March 17, according to the American Bankers Association.

Biden pledged on Monday that there will be 100 million stimulus checks in people's pockets in the next 10 days. Just after the relief aid was signed by Biden last week, White House Press Secretary Jen Psaki said "payments to eligible Americans will continue throughout the course of the next several weeks."

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