RTP/FedNow

[Kerry De Guzman]

Who in this group is a receive bank for RTP/FedNow? We are curious to hear your experience from initial install to day to day.

Thank you in advance,

[Jaymes]

Hey Kerry,

We are right at the tail end of going live with FedNow Receive. Our go-live date is Jan 28th, but are basically done with the setup portion of everything.

If you have any questions, you can email me (jaymes.hori@hawaiinational.bank), or ask here in case anyone else has questions.

Mahalo!

[Mission Bank]

Hi Kerry, we are completed our RTP and FedNow project last year. Feel free to reach out if you want to discuss.

-Heather Luna
lunah@missionbank.bank

[Jessie Keleske]

Hi!
We are on FedNow and RTP receive only. Onboarding the product was super simple. We do get a good amount of RTP deposits but FedNow, we barely get.

Daily balancing isn’t too bad either. Overall its good.

[Kerry De Guzman]

Thank you all for the feedback. Can you confirm that you must have a fedline advantage connection. We were not aware of this.

[Jaymes]

Hey Kerry,

From my understanding you need it for FedNow Reports.

Thanks!
Jaymes

[Kerry De Guzman]

Interesting. We got rid of our Fedline Advantage connection years ago. The documentation provided from JH states that they use an SFTP, Moveit, for reports, etc.

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