Real Time Clearing

Real Time Clearing (RTC) is an electronic payment product that allows you to clear inter-bank, time-critical payments in real time. Once a payment is released, it is cleared, and reflects in the beneficiary’s account within 60 seconds – giving them immediate access to their funds.
 
Benefits:

• Real-time third party payments to beneficiaries who hold accounts at participating banks .
• Instant payments to suppliers outside of regular processing times.
• Smoother workflow practices.
• Audit reports and statements are provided, with enhanced tracking and reporting capabilities.


Watch this video to find out more