How FedNow will Disrupt Vendor Payments
Nanonets
SEPTEMBER 1, 2023
This feature optimizes accuracy and expedites the payment process. Empowering Intra-day Credit: FedNow extends intraday credit of up to $500K for sound depositors, with the potential for future credit limit enhancements. Generally, you must account for a few days to process the amount and keep buffer time.
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