Fedwire® Funds Service 2026 Fee Schedules

Pre-incentive and Incentive Transfer Fees (Value or Non-Value Originations and Receipts)

Summary of the new per transfer volume-based pricing structure for 2026:

Per transfer volume-based pricing
Tier Monthly Volume Per Transfer
Pre-Incentive Price
Incentive Discount
(Applies to transfers that exceed 60% of a customer's historic benchmark volume)Footnote 1
Incentive Price
Tier 1 For Transfers up to 14,000 $0.97 -$0.776 $0.194
Tier 2 For Transfers 14,001 - 90,000 $0.30 -$0.24 $0.06
Tier 3 For Transfers Over 90,000 $0.195 -$0.156 $0.039

The pre-incentive and incentive transfer fees/discounts described above will be displayed on the customer bill using the following billing codes:

Pre-incentive and incentive transfer fees/discounts
Service Billing Code Per Transfer Gross Fee/Discount
(As Reflected on Billing Statement)
Net Fee Per Transfer
(For Informational Purposes Only)
Gross Pre-Incentive Fee
(Originations and Receipts)
10021/10022 $0.97  
Tier 1 Pre-Incentive Discount   $0.000 $0.97
Tier 1 Incentive DiscountFootnote 1 10026 -$0.776 $0.194
Tier 2 Pre-Incentive Discount 10023 -$0.67 $0.30
Tier 2 Incentive DiscountFootnote 1 10026 -$0.24 $0.06
Tier 3 Pre-Incentive Discount 10024 -$0.775 $0.195
Tier 3 Incentive DiscountFootnote 1 10026 -$0.156 $0.039
Historic Benchmark Volume
(Provided on billing statement for informational purposes only)Footnote 1
10025 N/A  

Use our Fedwire Discount Calculator Tool (XLS) (Updated October 2025) to determine the impact the Fedwire Funds incentive discount will have on a customer's bill.

1 The incentive discounts apply to the volume that exceeds 60 percent of a customer’s historic benchmark volume. Historic benchmark volume is based on a customer’s average daily activity over the previous five calendar years. If a customer has fewer than five full calendar years of previous activity, its historic benchmark volume is based on its daily activity for as many full calendar years of data as are available. If a customer has less than one year of past activity, then the customer qualifies automatically for incentive discounts for the year. The applicable incentive discounts are as follows: $0.776 for transfers up to 14,000; $0.24 for transfers 14,001 to 90,000; and $0.156 for transfers over 90,000.

Please see the Federal Reserve Bank 2026 Business Days calendar below for a list of the total number of business days per month.

Federal Reserve Bank 2026 Business Days

Number of Federal Reserve business days per month in 2026
Month Jan. Feb. Mar. Apr. May Jun. Jul. Aug. Sep. Oct. Nov. Dec.
Total Business Days 20 19 22 22 20 21 23 21 21 21 19 22

Monthly Fees

Wires monthly fees
Service Billing Code Fee
Monthly Participation Fee 10020 $125.00
Tier 2 Monthly Fixed FeeFootnote 2 10041 $300.00
Tier 3 Monthly Fixed FeeFootnote 3 10042 $600.00
FedPayments® Manager Import/Export Monthly FeeFootnote 4 10052 $65.00

2 This fee will be assessed at the parent level to a Fedwire Funds participant that has at least one transfer unit of volume in Tier 2 pre-incentive discount and no transfer unit of volume in Tier 3 pre-incentive discount.

3 This fee will be assessed at the parent level to a Fedwire Funds participant that has at least one transfer unit of volume in Tier 3 pre-incentive discount.

4 This fee is charged to any Fedwire Funds participant that originates a transfer message via the FedPayments Manager Funds tool and has the import/export processing option setting active at any point during the month.

Surcharges

Wires surcharges that may be charged
Service Billing Code Fee
End-of-Day Origination Surcharge (after 5:00 PM ET)Footnote 5 10031 $0.26
FedPayments® Manager Contingency Import VolumeFootnote 6 10051 N/A
Surcharge on transfers >$10 million Origination and Receipt 10035/10036 $0.14
Surcharge on transfers >$100 million Origination and Receipt 10037/10038 $0.36

5This surcharge applies to originators of transfers that are processed by the Reserve Banks after 5:00 p.m. ET.

6Provided on billing statement for informational purposes only.

Additional Fees

Additional fees that may be charged
Service Billing Code Fee
Delivery of Reports – Hard Copy Reports to On-Line Customers 10016 $50.00
Special Settlement Arrangement (Charge Per Settlement Day)Footnote 7 10055 $150.00

7This charge is assessed to settlement arrangements that use the Fedwire Funds Service to affect the settlement of interbank obligations (as opposed to those that use the National Settlement Service). With respect to such special settlement arrangements, other charges may be assessed for each funds transfer into or out of the accounts used in connection with such arrangements.

Effective January 1, 2026

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