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BNY Sends Largest Instant Payment in U.S. History, $10 Million Following Transaction Limit Increase

Fintech Finance

Today, The Clearing House and BNY (NYSE: BK), announced the successful completion of the largest instant payment in U.S. history and the first-ever payment on the RTP network exceeding $1 million, following the recent increase in the networks transaction limit. The post BNY Sends Largest Instant Payment in U.S.

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Moving $10mil Instantly: BNY Mellon Completes Record Funds Transfer as RTP Networks Extends Limit

The Fintech Times

The payments system provider, The Clearing House , extended its transaction limit for funds transferred on the Real-Time Payments (RTP) Network from $1million to $10million. “Its another example of how BNY is enhancing payment solutions to meet evolving business needs with speed, transparency, and efficiency.

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