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Fedwire Funds Format Reference Guide FRBservices Org Frbservices

Fedwire Funds Format Reference Guide FRBservices Org Frbservices

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good afternoon welcome to today's webinar said wire fund service International wires webinar I'm Gina Russo I'm with the Federal Reserve Bank of New York and I'm in the wholesale product office which manages the Fed wire fund service on behalf of the Federal Reserve Banks moving to the next slide please note that this webinar is a recording of a previous webinar on December 6 this webinar will replace that webinar to address questions raised during the original webinar so some of the original slides have been updated or reorganized to provide clarity moving on to the next slide during today's webinar we will go through a background we will go through an overview of the said wire fund service message flow then we will talk about sending cross-border payments we will talk about a market practice for remittance transfers that are subject to section 10 73 of the dodd-frank act then we will talk about receiving cross-border payments and then we will talk about ways to identify cross-border

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