FedWire is a high-speed, computerized communications network that facilitates electronic funds transfers between U.S. banks and the Federal Reserve System. It is essential for the transfer of reserve balances and customer transactions.
A secure online system that enables account holders to pay for goods or services and arrange money transfers over the Internet. It operates in 203 currencies worldwide.
Coverage for damage or destruction of high-value property during shipments, often involving securities and money transfers. The insurance operates on an ALL-RISK basis, with common exclusions such as war, nuclear disaster, and illegal trade items.
A telegram is a message transmitted by telegraphic equipment, which uses coded signals sent over electronic wires. The message is usually delivered within hours via phone or direct delivery. While outdated for general information transfer, telegrams are still used for certain money transfer services.
