Fedwire

Fedwire is a real- time gross settlement system for electronic payments in the United States. The system is operated by the Federal Reserve System and connects banks, the U.S. Treasury and other government agencies with each other.

About Fedwire Securities Services, which was created for the timely and safe execution and regulation of large dollar payments, the settlement under average transactions amounting to more than 2,600 billion U.S. dollars per day.

Fedwire Funds Services is a similar system for the settlement of securities trading available.