Are there any banks offering FedNow transfers for their business or personal account holders yet?
Notable big boys are Wells Fargo, US Bank, JPMC, and BNY Mellon. Also, the US Treasury (“U.S. Department of the Treasury’s Bureau of the Fiscal Service”).
Both counter parties need to be onboarded for the capability to be available.
When can I use it to pay the IRS?
Guess I need to open a bank account with one of these to use it, but would prefer to see something first.