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fed wire

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fed wire
A high-speed communications system for transferring funds and ownership of book-entry securities between banks. The fed wire is used to move bank reserves and to make credit available without delay.
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The second method is the Fed Wire system, under which the taxpayer initiates a transfer from its bank's wire room to the wire room at the State's bank.
Tax Executives Institute - Federation of Tax Administrators; liaison ... by Tax Executive
Adding these standards, which include SWIFTNet Cash Reporting, SWIFTNet Funds, SWIFTNet Exceptions and Investigations, Fed Wire (Federal Wire) and clearing house interbank payment systems (CHIPS), will enable companies to accelerate global financial data movement and thrive in a highly competitive banking business environment.
Sterling Commerce Extends its Leadership in Addressing Industry ... by Business Wire
nbsp;is the Fed Wire method, under which the taxpayer initiates a transfer from its bank's
Testimony on development of electronic funds transfer programs for ... by Burk, William M. / Tax Executive
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