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| Definition Of: |
Fedwire
The primary U.S. domestic wire transfer service for wire transfer message traffic that initiates funds transfers. This system handles both the message initiating the transfer and the actual movement of funds. Fedwire is operated by the Federal Reserve System and connects Federal Reserve banks with thousands of domestic banks.
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Banking INDEX:
List of Terms: Terms beginning with "A", Page 1 |
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1 2 3 A: Page 1 of 3.
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