On March 10, 2025, the Federal Reserve will adopt the ISO 20022 message format for the Fedwire Funds Service. Find resources to ensure you and everyone involved is prepared in the Fedwire Funds Service ISO 20022 Implementation Center.
The Fedwire Funds Service is the premier electronic funds-transfer service that banks, businesses and government agencies rely on for mission-critical, same-day transactions. Fedwire Funds Service participants benefit from the finality of payments credited to their Federal Reserve Bank master accounts.
Fedwire participants can use this service to send or receive payments for their own accounts or on behalf of corporate or individual clients, to settle commercial payments, to settle positions with other financial institutions or clearing arrangements, to submit federal tax payments or to buy and sell federal funds.
The Fedwire Funds Service is a real-time, gross settlement system. Each transaction is processed individually and settled upon receipt via a highly secure electronic network. Settlement of funds is immediate, final and irrevocable (See Operating Circular 6 for specific terms and conditions.).
View the schedule of operating hours and extension guidelines for the Fedwire Funds Service.
Internet Protocol-based access is available via either the FedLine Direct ® or FedLine Advantage ® Solutions. Offline access is also available for lower-volume users.
Learn more about the Fedwire Funds Service by viewing the product sheet (PDF).
To start using this service, visit Fedwire Funds Service Setup or contact your relationship manager.
Visit the International Payments Resource Center to review all of your options for making international payments.