FedNow Raises Instant Payment Limit to $10 Million
September 10, 20255 min
Federal Reserve Financial Services will increase the FedNow Service network transaction limit from $1 million to $10 million in response to growing commercial demand, effective November 2025. The increased limit will enable financial institutions and businesses to support higher-value use cases and reflects an increasing need for speed and certainty in the modern payments ecosystem. “Our second transaction limit increase this year reflects the growing demand for instant payments — as the benefits of immediate funds availability...
