The Clearing House will enable domestic correspondent bank activity on its Real-Time Payments network by September 2026. The expansion builds on on-behalf-of payment capabilities already operational on the rail. Correspondent banks will process RTP transactions for respondent institutions that do not connect directly to the network.
RTP processed 128 million transactions totaling $480 billion in the first quarter of 2026. The daily average value reached $5.7 billion. More than 1,200 financial institutions now participate in the network.