Federal Reserve Wire Network Definition

Federal Reserve Wire Network

Definition

Fedwire. A Federal Reserve-operated real-time gross settlement system (RTGS) that allows member banks to transfer funds to each other in a timely and safe manner.

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Nearby Terms

Federal Reserve Bank Note
Federal Reserve Board
Federal Reserve Discount Rate
Federal Reserve requirement
Federal Reserve System
Federal Reserve Wire Network
Federal Savings and Loan Association
Federal Savings and Loan Insurance Corporation (FSLIC)
Federal Surplus
Federal Tax Identification Number
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Review the unprecedented moves the Fed & Treasury took to bring the financial markets back from the precipice