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Third $1,400 paper stimulus check is now beginning to arrive by postal mail

Third $1,400 paper stimulus check is now beginning to arrive by postal mail

Network users share that their banks informed them that the first payments would start arriving in their mailboxes as of Thursday.

This Wednesday, March 17, Nacha and U.S. banks released the first direct deposits with the third $1,400 stimulus check from the Internal Revenue Service (IRS).

That first round of transfers amounted to 90 million deposits equivalent to more than $242 billion, according to an IRS statement on its website Thursday.

With the above action, these beneficiaries stopped seeing as “provisional” or “pending” and could freely dispose of the funds.

In addition, the agency processed 150,000 paper stimulus checks worth approximately $442 million.

Some users on the Reddit platform indicated that they received information from their banks that the paper stimulus checks could begin arriving in their mailboxes on March 19, or this Thursday.

Although the IRS has not confirmed this detail, it is important for Americans who have not received direct deposit of the money into their bank accounts to check the mail arriving from the United States Postal Service (USPS).

In the same statement above, the agency reported that in the coming days it would continue to send out stimulus payments, both electronically and by mail.

In some cases, the individual may not receive a paper check, but may receive the stimulus payment in the form of a prepaid debit card (EIP Card).

Individuals who received funds from the past two rounds by direct deposit will most likely receive the third $1,400 stimulus check in the same manner.

However, this is not set in stone.

During the second round of $600 checks approved last December, the IRS announced that some recipients who received first stimulus checks in paper form would receive the second in debit card form.

“Please note that the second mailing of the EIP (Economic Impact Payment) may be different than the first EIP mailed. Some people who received a paper check last time may receive a debit card this time, and some people who received a debit card last time may receive a paper check,” read an IRS statement.

The office reported that a “Get My Payment” tool is now available on through which users can track the status of the third stimulus check.

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