Payment send limits

when you use instant payments, there are limits imposed both by the payment network and by cross river payment network transaction limits each payment network has its own limits for credit transfer amounts, per transaction network limits rtp (tch) 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 (book transfers) transaction and receiving limits no inherent limits, offering greater flexibility partner specific limits managed and periodically reviewed by cross river’s credit risk team cross river daily send limits cross river sets a daily send limit for instant payments per partner to ensure smooth operations and prevent disruptions tracking utilization helps manage limits and prevent payment disruptions we provide a webhook events to allow you to monitor usage and to be aware when you are approaching your daily send limit 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 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