FedWire

FedWire is a real-time gross settlement (RTGS) system operated by the Federal Reserve Banks in the United States. It enables the secure, immediate transfer of funds and securities between participating financial institutions.

The Platform supports both FAIM format for legacy wire and ISO20022 for the latest FedWire format.

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Interlace currently supports domestic wires with international wire (SWIFT) support coming soon.

Interlace APIs support the ability to create wire recipients and execute wire transfers including recurring wire payments and setting up of wire templates. Expanded functions include:

Recipient inquiry and search APIs, creating a recipient as well as updating, or deleting recipients.
Inquiry and search APIs, as well as updating, approving or cancelling pending wires.
Inquiry, search, updating and deleting wire templates.