Real-Time Payments

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THE FUTURE OF PAYMENTS IS HERE

Receive your money — instantly — with Real-Time Payments

Instant payments are the future, and with UMB, you’re ready. You can receive payments instantly with Real-Time Payments (RTP®).

RTP is a new payment method accelerating cash flow directly between bank accounts and streamlining the payments process. RTP is available 24/7/365, so you can receive money in real-time, even on weekends and holidays.

All UMB customers are automatically eligible to receive instant payments with RTP for personal, business and commercial banking needs.

What’s next: Send instant payments and more

We’re looking forward to introducing more RTP features in 2023 and beyond, including the ability to send instant payments.

As we continue to add new RTP capabilities, here are a few of the many ways you will be able to take advantage of instant payments:

Personal

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    Receive insurance reimbursements

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    Instant “cash out” for certain delivery drivers and shift workers

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    Settle IOUs with friends on the spot

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    Transfer emergency cash to family

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    Pay utility and other bills

Business

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    Confirm customer payments immediately

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    Handle urgent invoices for goods/services

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    Accelerate account reconciliation

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    Communicate with customers using real-time messaging

    All UMB deposit account customers* can receive instant-payment transfers to their UMB accounts. Your account will automatically be enabled for instant payments. There’s nothing you need to do to “turn on” on this feature. When a person or business uses an instant payment method to send money to you, you’ll receive it in your account within seconds.

    * Some exclusions apply. For questions about the RTP network, please contact us at 1.800.860.4862.

    UMB is excited to offer you even more RTP features in 2023 and beyond, including the ability to send instant payments.

    To learn more about this exciting payments evolution, read UMB Executive Vice President and Director of Product Management Uma Wilson’s article on instant payments.

    You can also refer to these FAQs provided by The Clearing House.