Real-time payments are turning into a treasury tool. Bank of America says its corporate clients increased RTP network volume 48% from January through July compared with the same period in 2025, and the count of corporate transactions above $1 million rose 351%.

The growth is concentrated at the top of the range. Clients use RTP to reposition cash after hours or on weekends and to fund accounts before the business day begins. The RTP network raised its individual transaction limit from $1 million to $10 million in February 2025, and the bank links the higher cap to use cases such as intercompany transfers and cash concentration around month-end and quarter-end close.

Christian Stolcke, head of Global Financial Institutions and Governments in Global Payments Solutions, said the higher limit “is opening up strategic use cases, including intercompany transfers and cash concentration, as companies move funds among subsidiaries during month- and quarter-end close.”

Why it matters

For a corporate treasurer, the constraint on moving cash was never only speed. It was the calendar: banking windows, cutoffs and weekends. A rail that runs 24/7 with a $10 million cap removes those constraints for a large share of internal transfers. AJ McCray, head of Global Payments Product in GPS at Bank of America, described it as “a shift in how companies think about payments.” The bank has also been packaging treasury data for clients, covered in how the bank turned treasury data into a dashboard.

The angle the release leaves out

The release gives percentage growth and no absolute volumes, so a 351% increase in large transactions could start from a small base. The useful reading is directional. Once the cap rose, treasury teams found jobs for the rail that consumer-style payments never touched. That points to the next competitive question for banks: whether their liquidity tools can put real-time balances and real-time movement in one screen. Interbank cross-border testing, such as the FedNow cross-border pilot, will show whether the same logic reaches international cash pools.

Source: Bank of America (PR Newswire)