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How does the Real-Time Payments (RTP) service work at BMO?

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In Online Banking for Business, Real-Time Payments (RTP) is treated as a completely separate service, and not combined with Zelle.  

 Here are some important details about RTP:  

  •   Recipient information is managed within the service. Here’s how:  
  1. Go to the Payments & Receivables tab.
  2. Under "Real-Time Payments (RTP)" select Manage Recipients.
  • The transaction limit is $1,000,000 per transaction or the limit set by your Admin. 

For more information, please refer to the Product Transition Guide.

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