Federal Reserve Wire Network
GPTKB entity
Statements (28)
Predicate | Object |
---|---|
gptkbp:instanceOf |
Electronic Funds Transfer
|
gptkbp:alsoKnownAs |
gptkb:Fedwire
|
gptkbp:country |
gptkb:United_States
|
gptkbp:currency |
gptkb:US_Dollar
|
gptkbp:features |
encryption
authentication |
gptkbp:format |
proprietary
|
https://www.w3.org/2000/01/rdf-schema#label |
Federal Reserve Wire Network
|
gptkbp:launched |
1918
|
gptkbp:numberOfTransactions |
over 700,000 per day
|
gptkbp:openDays |
Monday to Friday
excluding federal holidays |
gptkbp:operatedBy |
gptkb:Federal_Reserve_Banks
|
gptkbp:participants |
gptkb:government_agency
banks credit unions other financial institutions |
gptkbp:regulates |
gptkb:Federal_Reserve_System
|
gptkbp:relatedTo |
gptkb:Clearing_House_Interbank_Payments_System
gptkb:Automated_Clearing_House |
gptkbp:settlementType |
real-time
gross |
gptkbp:transactionFinality |
immediate
|
gptkbp:usedFor |
real-time gross settlement
large-value funds transfers |
gptkbp:volume |
over $1 trillion per day
|
gptkbp:bfsParent |
gptkb:Fedwire
|
gptkbp:bfsLayer |
4
|