Industry News Brought to You by Institute of Commercial Payments: News - Industry

$10 Million Real-Time Payment Fuels B2B Use Cases at Bank of America

Tuesday, June 24, 2025   (0 Comments)
Posted by: Sierra Lindemann
Following The Clearing House’s move to raise the real-time payment limit from $1 million to $10 million, Bank of America reports a surge in high-value transactions over $1 million now make up more than half its RTP volume. The expanded cap is unlocking new corporate use cases, from real estate deals to just-in-time supplier payments, with clients citing speed, transparency and 24/7 availability as key benefits.

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