Fedwire Funds Service

Fedwire Funds Service means the funds-transfer system owned and operated by the Federal Reserve Banks that is used primarily for the transmission and settlement of payment orders governed by this subpart. The Fedwire Funds Service does not include the FedNow Service or the system for making automated clearing house transfers.

Source

12 CFR § 210.26

---

Scoping language

As used in this subpart, the following definitions apply:

---

Is this correct? or