Fedwire® Services Offerings

The Federal Reserve Banks’ Fedwire Services are designed to offer a secure, reliable method of handling large-value, time critical payments and maintaining and transferring U.S. government and certain government agency, government sponsored enterprises, and international organization book-entry securities. Our goal in offering these services is to foster the integrity, efficiency, and accessibility of U.S. wholesale payments and settlement systems in support of domestic financial stability and economic growth in a global context.

Fedwire Funds Service

A real time gross settlement system that offers participants the ability to send and receive time-critical payments for their own account or on behalf of their clients, provide cash concentration payments, settle positions with other financial institutions and/or clearing arrangements, submit federal tax payments, and buy and sell Federal Reserve funds.

Fedwire Securities Service

A book-entry securities transfer system that provides participants cost-effective safekeeping, transfer, and delivery-versus-payment settlement services with flexible account structures and automated claim adjustment features.