Apple in the iOS 17 beta has changed the text that provides details on the Automated Clearing House (ACH) transfer time for Apple Savings account holders. The transfer time clarification comes after a number of complaints from Apple Card owners who opted into the Savings account when it became available. Apple Savings account users have had issues with long wait times when attempting to withdraw funds. A June report from The Wall Street Journal shared stories from several customers who faced unexplained delays when making a withdrawal from an Apple Savings account. The Apple Savings account initially launched in April as an extension of the ‌Apple Card‌, in partnership with Goldman Sachs.

Source: Wall Street Journal July 06, 2023 08:33 UTC