Payment limits

when you use instant payments, be aware of the various limits imposed by the networks and by cross river transaction limits each payment network has its own limits for credit transfer amounts network limits tch (rtp) transaction limit $1,000,000 per transaction receiving limit cross river adheres to this maximum limit for receiving funds fednow transaction limit $500,000 per transaction receiving limit cross river adheres to this maximum limit for receiving funds crnow transaction and receiving limits no inherent limits, offering greater flexibility partner specific limits managed and periodically reviewed by cross river’s credit risk team daily send limit utilization cross river sets a daily send limit for instant payments per partner to ensure smooth operations and prevent disruptions limit utilization helps manage limits and prevent payment disruptions limit determination – based on previous instant payment usage daily average balance in your instant payments eligible account projections provided during onboarding adjustments – limits can be adjusted up or down with cross river approval how limit utilization works cross river calculates your limit utilization by calculating the total amount of successful credit transfers and comparing it to your daily send limit for instant payments calculation frequency – the system calculates utilization every 10 minutes for active products (products with successful transfers that day) this interval can be configured processing window – utilization resets at 1 pm (et) each day payments are tracked based on a timestamp data retention – utilization history is stored for 28 hours data older than 28 hours is removed hourly learn about the api side of limit utilization