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The First New Payments System in the U.S. in
40 Years. A Fast and Intelligent Way to Send
and Receive Real-Time Payments

What is RTP?

RTP is an entirely new payments and messaging system that allows participants to send and receive funds immediately at any time — 24 hours a day, 7 days a week, 365 days a year. Along with instant delivery and availability of funds to the receiver, the sender is notified of funds delivery. RTP represents the latest phase in the evolution of digital payments.

Video: RTP Immediate Payments

RTP Benefits


  • Send and receive payments 24/7/365
  • Immediate availability of funds
  • Irrevocable payments



  • Enhanced data transfer and messaging capabilities
  • End-to-end immediate payment confirmation
  • Alerts notify recipients of available invoices


  • Secure system for payments and messages
  • Real-time fraud screening of all outbound transactions
  • Analyzed in the network for potential fraud



  • Exchanges information with messaging
  • Works directly with payables and receivables systems
  • Funds travel together with remittance detail

RTP: More Than Just Speed

RTP’s robust messaging capabilities allow for two-way dialogue between sender and receiver. This system clarifies payment details and facilitates dialogue between parties. It provides an audit trail of all correspondence while reducing costly check and cash transactions.

RTP Facilitates 6 Message Types

Request for Payment (RFP)

  • Requests payment from an individual or organization
  • Customer can choose to send a Credit Transfer or decline the RFP

Request for Information (RFI)

  • Requests additional information from the sender to facilitate reconciliation
  • Messages are linked so conversation history is retained

Payment Acknowledgement

  • Provides confirmation to the sender that the payment was accepted
  • Includes optional message to communicate account status

Credit Transfer

  • Transfers funds to a receiver
  • Provides 140 characters of remittance detail
  • Currently limited to $1,000,000

Message Confirmation

  • Automatic confirmation to sender and receiver that the message was processed successfully

Remittance Advice

  • Sends complex data with a payment for additional remittance detail
  • Linked to a credit transfer or RFP for reconciliation

How Does RTP Work?

Process Flow


  1. When you know you owe your supplier money, you can initiate an RTP payment via direct transmission, API or PINACLE®, PNC’s top-rated corporate online and mobile banking portal.
  2. Your supplier can receive the RTP funds, along with any associated remittance advice, through their bank and will be notified via their information reporting system. The supplier can receive the funds in real time.
  3. Both you and your supplier can receive a Payment Acknowledgement message from your respective banks through your preferred channels. This message is delivered within seconds to confirm that the funds have been transferred and are available to the supplier.
  4. The supplier can integrate payments directly into their account reconciliation system, updating your account status and providing uninterrupted service.

How can RTP help you transform your business?

Avoid Supply Chain Disruption

  • Expedite payment to a supplier for just-in-time delivery.
  • Extend your investment cycle by paying last minute or when the situation requires.
  • Transmit extended supply chain data with payment.

Billing and Collection Activities

  • Help collect amounts that are due or owed.
  • Improve collection performance.
  • Operate on an intraday basis to keep up with the speed of commerce.
  • Increase control over liquidity and working capital.

Deliver Immediate Payment When Required

  • Meet unexpected, emergency payroll needs.
  • Offer on-the-spot payments, reimbursements, earned wages, bonuses, commission payments or termination payouts.

Put Exception and Dispute Resolution on the Fast Track

  • Reduce unapplied cash balances.
  • Reduce customer call volumes to achieve cost savings and scalability.
  • Operate on an intraday basis to keep up with the speed of commerce.

RTP Resources

How RTP Helped a Payroll Company Keep Payments Rolling

Learn how PNC partnered with Paychex Inc. to remedy its problem of correcting payroll mistakes that prevented the disbursement of payments. remedy the ongoing problem of correcting payroll mistakes that prevent the disbursement of payment and to meet payroll obligations when immediate distribution is required.

Read Article »

Real-Time Payments Poised for Accelerated Growth

As the payments landscape continues to evolve, immediate payments are growing in popularity among businesses of all sizes and sectors. Since debuting in the marketplace in 2017, immediate payments have kept pace with the overall growing demand among consumers and businesses for instant payment solutions.

Read Article

RTP - Frequently Asked Questions

Contact Us

For product and service related questions, please contact your Treasury Management Officer or Treasury Management Client Care (TMCC) at 1-800-669-1518.

Learn More

If you have questions or would like additional information, please fill out this short form so we can get in touch with you. By completing this form, you are authorizing us to contact you (via email and/or phone) to answer your questions and provide information about Real Time Payments. 

PNC Treasury Management serves companies with over $5 million in annual revenue.


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Important Legal Disclosures and Information

When you send a payment, the availability of funds in the recipient’s account will depend on the funds availability policy of the recipient’s financial institution. Limitations to availability may apply, including “cut-off times” by which items need to be deposited to be included for processing on that business day.

RTP is a registered mark of The Clearing House Payments Company LLC.

Read a summary of privacy rights for California residents which outlines the types of information we collect, and how and why we use that information.