MUFG Union Bank: Launches Real Time Payments for Clients
- MUFG Union Bank provide a wide spectrum of corporate, commercial, and retail banking and wealth management solutions to meet the needs of clients
- Announced that receipt of real-time payments is available for its corporate, commercial, and also retail clients via the RTP® network
- The RTP network provides instantaneous receipt of payments, which increases payment certainty and funds availability
- Real-time payments enable MUFG Union Bank clients to improve cash flow, manage working capital, and also streamline processes
- MUFG Union Bank committed to supporting clients’ movement toward real-time payments in the United States to enhance their experience
- The RTP network the first new core payments infrastructure built in the U.S. in more than 40 years