RTP®
Instant money movement
The RTP® network, launched by The Clearing House in 2017, delivers 24/7/365 instant clearing and irrevocable settlement to any federally insured depository institution. It reaches roughly 70% of US bank accounts through more than 950 participating banks and credit unions.
Easy and convenient
Major benefits
- Funds are available immediately, improving cash flow
- Better reconciliation and reduced disputes
- ISO 20022 format messaging for every payment
The power of RTP®
Added safety and security
RTP® protects each instant payment with end-to-end encryption, dual-control authorization and new DDA-tokenization.
Better connected
Facilitate near-instantaneous transactions, with funds typically available to the recipient within seconds.
Compliance standards
Simplify with AML/BSA through the ingestion of structured data from ISO 20022 messages.