!!! Overview
[{$pagename}] ([Fedwire]) is a real-time gross settlement [Funds Transfer System] operated by the [United States] [Federal Reserve Banks] that enables financial institutions to electronically [payments] between participants.

Transfers can only be initiated by the sending [bank] once they receive the proper wiring instructions from the receiving [bank]. These instructions include: 
* the receiving bank's
* [Routing Transit Number]
* [Account Number]
* name 
* dollar amount being transferred. 
This information is submitted to the [{$pagename}]. 

Once the instructions are received and processed, the [Federal Reserve Bank] will debit the funds from the sending bank's reserve account and credit the receiving bank's account. Wire transfers sent via [{$pagename}] are completed in the same day, while some are completed instantly



!! More Information
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