Just got an email from a B2B tech business I buy from saying they can’t accept payments right now because of Silicon Valley Bank. Wasn’t this supposed to be resolved over the weekend? A friend of mine who sells on Etsy is saying they’re having problems too. Is it “contagion” yet?
Wait a day or two if you can. The FDIC knows how to resolve these banks, and get the new ones up and running.
Square uses svb and I got my 12.39 cent deposit this morning. (I use it as rarely as I can)