Role of Electronic Funds Transfer in Wiring Money Online

Ever wonder how the exchange of money progressed from the days of the telegraph wire into the digital world? A big part of that story in the U.S. was the establishment of two networks for electronic funds transfers: the National Automated Clearing House Association (NACHA) and the Federal Reserve Wire Network (Fedwire). Read about the history of electronic funds transfers and their performance in the market today.

 

Download PDF

Related Articles

Correspondent Banking On A Decline - Impact On International Wire Transfers & Trade Finance

How The Decline In Correspondent Banking Impacts International Wire Transfers And Trade Finance

7 Answers About Wire Transfers

7 Answers Every CFO Should Know About Wire Transfers

Fedwire Transfers explained

B2B Payments Learning: What are Fedwire Transfers?

Make International Payments

1 833 319 7265

Existing FX International Payments customers log in here