Fed lifts FedNow limit to $10M
Yahoo Finance·2025-09-11 00:29
This story was originally published on Payments Dive. To receive daily news and insights, subscribe to our free daily Payments Dive newsletter. Dive Brief: The Federal Reserve will raise the FedNow instant payments transaction limit from 10 million in November, the agency announced Tuesday. The higher limit allows financial institutions to customize transaction sizes for their own operations, based on their internal risk and business needs, the release said. FedNow has signed up about ...