Fedwire services operate on a standard business schedule, available to users from 7:00 AM to 6:00 PM, Monday through Friday, Eastern Time.
Fedwire services are unavailable on weekends and federal holidays, which include New Year's Day, Independence Day, and Thanksgiving Day.
To ensure smooth transactions, it's essential to plan your Fedwire activities accordingly, avoiding submissions during these times when possible.
Keep in mind that these hours apply to both Fedwire and Fedwire Same-Day Services.
Fedwire Operating Hours
The Fedwire Operating Hours are quite specific and vary depending on the service. Online transfers for the Fedwire Funds Service are available from 9:00 p.m. on the preceding calendar day to 6:30 p.m. Eastern Time (ET).
Cut-off times for different types of payment orders also apply, including Foreign Payment Orders at 5:00 p.m. ET, Other than Settlement Payment Orders at 6:00 p.m. ET, and Settlement Payment Orders at 6:30 p.m. ET.
Offline transfers for the Fedwire Funds Service are available from 9:00 a.m. to 6:00 p.m. ET, with cut-off times at 4:30 p.m. ET for Foreign Payment Orders, 5:30 p.m. ET for Other than Settlement Payment Orders, and 6:00 p.m. ET for Settlement Payment Orders.
The Fedwire Securities Service has different operating hours, with online transfers available from 8:30 a.m. to 7:00 p.m. ET. Cut-off times include Interbank Originations at 3:15 p.m. ET, Interbank Reversals at 3:30 p.m. ET, Repositioning against payment at 4:30 p.m. ET, and Repositioning free of payment at 7:00 p.m. ET.
Offline instructions for the Fedwire Securities Service are available from 9:00 a.m. to 4:00 p.m. ET, with cut-off times at 1:30 p.m. ET for Same-day Instructions and 4:00 p.m. ET for Future-day Instructions.
The hours of availability for the FedPayments Manager application vary by service, with the Fedwire Funds Service available from 7:45 p.m. ET on the preceding calendar day to the close of the Fedwire Funds Service for the funds-transfer business day.
Here are the specific opening and closing times for each service:
Sources
- https://app.frbservices.org/resources/financial-services/wires/operating-hours.html
- https://www.frbservices.org/resources/financial-services/wires/operating-hours.html
- https://www.frbservices.org/resources/financial-services/securities/operating-hours
- https://www.frbservices.org/financial-services/wires/testing
- https://bankingjournal.aba.com/2024/05/fed-proposes-expanding-operating-times-of-fedwire-nss-to-weekends-holidays/
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