Abstract: Systems and methods for verifying a bank account in near real-time are provided. In particular, a computing device may receive a request to initiate a verification of a bank account. The request includes a source account identifier and a destination account identifier of the bank account. The computing device may further determine if the bank account supports real-time payments (RTP) and verify the bank account in near real-time via a first verification process in response to determining that the bank account supports RTP.

Abstract: Aspects of the present disclosure relate to transfer grouping by a transfer platform. In examples, a request to initiate a transfer includes a source account, a destination account, and an amount. A request for a subsequent transfer may include an identifier corresponding to the first transfer instead of specifying a source account. Accordingly, the transfer platform determines that the first transfer and second transfer are each part of a transfer group, such that the second transfer is generated as a dependent transfer from the first transfer. As a result, once the first transfer is complete, the second transfer is automatically initiated due to the association that was formed between the first and second transfer.