RTP (Real-Time Payments)

Overview

RTP is The Clearing House's real-time payment network in the United States. It enables instant, irrevocable fund transfers to US bank accounts 24/7/365. Transactions are denominated in USD and settle within seconds. Receiving banks must be RTP-enabled to accept payments.

Use Cases

• Instant Vendor Payments — Pay US suppliers or vendors immediately, 24/7, without waiting for banking hours.
• Insurance Claim Payouts — Settle approved claims to US policyholders within seconds of approval.
• Marketplace Disbursements — Release seller or gig worker earnings instantly after a transaction completes.
• Emergency Disbursements — Provide urgent funds to customers or employees outside of standard business hours.
• Instant Loan Funding — Deposit approved loan proceeds into a borrower's US bank account in real-time.