BofA Clients Embrace New $10 Million Limit in U.S. Real-Time Payments
Fintech Finance
JUNE 10, 2025
Recent action from The Clearing House to increase the transaction limit on real-time payments from $1 million to $10 million is fueling new use cases in business-to-business payments among Bank of America clients. RTP uses ISO 20022, the international standard for financial messaging.
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