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FedGlobal® ACH Payments

FedGlobal ACH Payments deliver a wide range of payment options for cross-border payments, combining convenient access with robust customer support.

Feb. 22, 2023 Update: FedGlobal ACH Payments service to Europe and Canada will be discontinued in the coming months as follows:

  • The FedGlobal ACH Payments Europe service will accept forward items originated to RTN# 061050057 through April 27, 2023; return items will be allowed to flow from Europe through July 31, 2023. Additionally, the Europe to U.S. forward items flow will end after April 27, 2023.
  • The FedGlobal ACH Payments Canada service will accept forward items originated to RTN# 091050234 through June 30, 2023; return items will be allowed to flow from Canada through September 29, 2023.

Read the full communication about the discontinuation of FedGlobal ACH Payments to Canada and Europe.

To get started with FedGlobal ACH Payments to Mexico or Panama today, visit the Service Setup page or contact your relationship manager.

Visit the International Payments Resource Center to review more options for making international payments. Visit the FAQ page for more information about the discontinuation to Canada and Europe.

Delivery

Account-to-Account

Distribution of payments between deposit accounts.

Foreign Exchange Options

A range of foreign exchange options allows financial institutions to take advantage of the efficiencies offered by FedGlobal ACH Payments.

Fixed-to-Variable (FV)

U.S. dollars are converted to a variable amount of destination currency based on a competitive exchange rate. Settlement is between participating U.S. financial institutions and the Federal Reserve Banks in U.S. dollars.

Fixed-to-Fixed (FF) - USD to USD

Payments are both transferred and received in U.S. dollars. Settlement is between participating U.S. financial institutions and the Federal Reserve Banks in U.S. dollars.

Fixed-to-Fixed (FF) - Foreign currency to foreign currency (also known as F3X)

Payments are both transferred and received in foreign currency. The foreign exchange rate and settlement is managed and processed by participating U.S. financial institutions and the respective foreign gateway operators via their foreign correspondent banks.

Summary of Services

Summary of Services Foreign Exchange Options
Region FF F3X FV
Mexico N/A Available Available
Panama Available N/A N/A

ACH