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Fed wire

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Fed Wire
Financial & Investment Dictionary:
Fed Wire
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FED WIRE - An informal name for the Federal Reserve Communications System. This is the electronic commu...
FEDERAL ADVISORY COUNCIL - An advisory group consisting of one member elected from each of the 12 Feder...

Fed Wire transfers are immediate transfers of funds, and are effective usually within minutes of the time a payment is initiated.

Fed Wire An electronic funds transfer system maintained by the Federal Reserve.
Federal Deposit Insurance Corporation An independent agency of the United States Federal Government responsible for insuring bank deposits.

WIRE TRANSFER - A type of electronic fund transfer that guarantees immediate available funds or same day settlement. The payments are conducted on the Federal Reserve System’s federal wire (Fed Wire) network.

Fed wire, Swift, or other documents reflecting transfer of funds to, from, or on behalf of (the subject's name)
Documents reflecting source of funds for wire out
Documents reflecting disposition of wire transfer in.

See also: Banks, E-commerce, Federal Reserve Bank, Personal finance, Career

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