Wires

Wires (Fedwire) is one of our supported Payment Rails. In the next 2 sections we explain how you can enable your users to deposit and withdraw funds via Wire.

What is Fedwire?

Fedwire (formerly known as the Federal Reserve Wire Network) is a real-time gross settlement funds transfer system operated by the United States Federal Reserve Banks that allows financial institutions to electronically transfer funds between its more than 9,289 participants (as of March 19, 2009).