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These are the fedwire fees: https://www.frbservices.org/resources/fees/wires-2021.html https://www.frbservices.org/resources/fees/wires-2021.html All fees und
by YuriNiyazov 5y ago
These are the fedwire fees:
https://www.frbservices.org/resources/fees/wires-2021.html https://www.frbservices.org/resources/fees/wires-2021.html
All fees under $1
- homedepotdave 5y agoAlright yuriniyazov, I’ve been reading for hours about Fedwire but I’m still a bit stumped. To participate directly in Fedwire you need to have a Master account with the Fed, in which case you need to basically be a bank. So they… have a secret subsidiary that’s a bank that has a fed master account? Or somehow a very, very good relationship with their bank such that their bank (which has a master account) proxies the Fedwire transactions for them at cost?