The Real-Time Payments (RTP) network from The Clearing House is a real-time payments platform that all federally insured US depository institutions are eligible to use. RTP payments are real-time, immediately available to the recipient (including weekends, holidays, and during non-bank hours), and settlement finality. The FedNow Service is a new instant payment infrastructure developed by the Federal Reserve that allows eligible depository institutions of different sizes across the U.S. to provide instant payment services. These Instant Payments can be made in real time, around the clock, every day of the year, including weekends and holidays.
This endpoint allows for the creation of a Request for Payment (RfP) on the RTP Network or the FedNow Network using Victor. RfPs can be sent to a recipient to approve the release of funds as payment to the entity making the request. Please note that not all institutions are currently participating on the RTP Network or FedNow Network. You can verify bank eligibility prior to submitting the request using the endpoint documented at Instant Payment Service Eligibility.