The Federal Reserve works to promote a safe, efficient, and accessible system for U.S. dollar transactions.
Automated Clearing House Payments
The Federal Reserve began operating an electronic payment Automated Clearing House system in the 1970s to provide a substitute for paper checks.
Fedwire
Since 1915, the Federal Reserve has operated a wire payment system, known today as Fedwire.
Check Payments
Congress charged the Federal Reserve with using the nationwide scope of its operations to improve the check payments system
