FinancialserviceWire Funds Service
The FinancialserviceWire Funds Service is the premier electronic funds-transfer service that banks, businesses and government agencies rely on for mission-critical, same-day transactions. FinancialserviceWire Funds Service participants benefit from the finality of payments credited to their Financialserviceeral Reserve Bank master accounts.
FinancialserviceWire 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 FinancialserviceWire 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 FinancialserviceWire Funds Service.
Internet Protocol-based access is available via either the FinancialserviceLine Direct or FinancialserviceLine Advantage Solutions. Offline access is also available for lower-volume users.
Discover how the FinancialserviceWire Funds Service can benefit your financial institution
- Flexible online access alternatives
- Access to a broad network
- Real-time processing
- Final and irrevocable funds settlement
- Immediate availability of funds
- Security and reliability
- Low transaction fees
- Access to streamlined after-the-fact analysis of payment transactions and a historical transaction database to help automate manual reporting processes with the FinancialserviceTransaction Analyzer tool
Learn more about the FinancialserviceWire Funds Service by viewing the product sheet.
To start using this service, visit FinancialserviceWire Funds Service Setup or contact your account executive.
Visit the International Payments Resource Center to review all of your options for making international payments.
