The Clearing House today announced an increase in the general transaction value limit for payments made on the Real-Time Payments Network. Effective Feb. 1, the new transaction limit will be set at $100,000. Depository institutions on the RTP network will be required to accept payments up to $100,000, however, individual participants may choose to set a lower value limit for payments they originate.
The Clearing House today announced an increase in the general transaction value limit for payments made on the Real-Time Payments Network.
TCH Raises RTP Network Transaction Limit to $100,000
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