The Clearing House developed and launched a new payments network that makes it possible to offer instant, real-time payments. Payments made through the RTP® Network are fast and convenient but work differently from other payment modalities you might be more familiar with, such as credit or debit cards and the ACH Network.
Only financial institutions that have agreed with The Clearing House to participate in the RTP® Network are eligible to send or receive RTP transactions. Many of the major financial institutions in the U.S. are participants. Only U.S. depository financial institutions are eligible to participate.
Currently, these are the financial institutions participating in the RTP® Network according to The Clearing House.
It’s important to note that while your financial institution might support sending or receiving real-time payments, some will still need to enable the functionality on your business’ bank account. We will continue to update this list as new information becomes available.