Fedwire

Fedwire Funds Service is operated by the Federal Reserve Banks and settles large-value USD transfers individually and in real time. It is not a 24/7 service: the Federal Reserve's operating-hours page says the funds-transfer business day begins at 9:00 p.m. ET on the preceding calendar day and ends at 7:00 p.m. ET, with no funds-transfer business day on Saturdays, Sundays or Federal Reserve Bank holidays. (The Federal Reserve's separate FedNow Service is the instant-payment rail.) Federal Reserve Financial Services statistics show the Fedwire Funds Service averaged about $4.59 trillion in transfers per day in 2025.

Fedwire moved to ISO 20022 on July 14, 2025, after the original March 2025 date was postponed. Per the Fed's processing-times table, customer transfers are pacs.008 messages, bank-to-bank transfers are pacs.009 and returns are pacs.004. It was a bank-side infrastructure change for the participants that send Fedwire funds transfers, and this site does not claim it creates any mandate for or connection to a blockchain.

For crypto investors, Fedwire's completed migration is a bank-side milestone: it does not certify any coin, and the coin profiles on this site do not verify message-level integration with Fedwire.