Fedwire® Funds Service 2026 Fee Schedules
Pre-incentive and Incentive Transfer Fees (Value or Non-Value Originations and Receipts)
Summary of the new per transfer volume-based pricing structure for 2026:
| Tier | Monthly Volume | Per Transfer Pre-Incentive Price | Incentive Discount (Applies to transfers that exceed 60% of a customer’s historic benchmark volume)1 | Incentive Price |
|---|---|---|---|---|
| Tier 1 | For Transfers up to 14,000 | $0.97 | -$0.776 | $0.194 |
| Tier 2 | For Transfers 14,001 – 90,000 | $0.30 | -$0.24 | $0.06 |
| Tier 3 | For Transfers Over 90,000 | $0.195 | -$0.156 | $0.039 |
The pre-incentive and incentive transfer fees/discounts described above will be displayed on the customer bill using the following billing codes:
| Service | Billing Code | Per Transfer Gross Fee/Discount (As Reflected on Billing Statement) | Net Fee Per Transfer (For Informational Purposes Only) |
|---|---|---|---|
| Gross Pre-Incentive Fee (Originations and Receipts) | 10021/10022 | $0.97 | |
| Tier 1 Pre-Incentive Discount | $0.000 | $0.97 | |
| Tier 1 Incentive Discount2 | 10026 | -$0.776 | $0.194 |
| Tier 2 Pre-Incentive Discount | 10023 | -$0.67 | $0.30 |
| Tier 2 Incentive Discount3 | 10026 | -$0.24 | $0.06 |
| Tier 3 Pre-Incentive Discount | 10024 | -$0.775 | $0.195 |
| Tier 3 Incentive Discount4 | 10026 | -$0.156 | $0.039 |
| Historic Benchmark Volume (Provided on billing statement for informational purposes only)5 | 10025 | N/A |
Use our Fedwire Discount Calculator Tool (XLS) (Updated October 2025) to determine the impact the Fedwire Funds incentive discount will have on a customer’s bill.
Please see the Federal Reserve Bank 2026 Business Days calendar below for a list of the total number of business days per month.
Federal Reserve Bank 2026 Business Days
| Month | Jan. | Feb. | Mar. | Apr. | May | Jun. | Jul. | Aug. | Sep. | Oct. | Nov. | Dec. |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Business Days | 20 | 19 | 22 | 22 | 20 | 21 | 23 | 21 | 21 | 21 | 19 | 22 |
Monthly Fees
| Service | Billing Code | Fee |
|---|---|---|
| Monthly Participation Fee | 10020 | $125.00 |
| Tier 2 Monthly Fixed Fee6 | 10041 | $300.00 |
| Tier 3 Monthly Fixed Fee7 | 10042 | $600.00 |
| FedPayments® Manager Import/Export Monthly Fee8 | 10052 | $65.00 |
Surcharges
| Service | Billing Code | Fee |
|---|---|---|
| End-of-Day Origination Surcharge (after 5:00 PM ET)9 | 10031 | $0.26 |
| FedPayments® Manager Contingency Import Volume10 | 10051 | N/A |
| Surcharge on transfers >$10 million Origination and Receipt | 10035/10036 | $0.14 |
| Surcharge on transfers >$100 million Origination and Receipt | 10037/10038 | $0.36 |
Additional Fees
| Service | Billing Code | Fee |
|---|---|---|
| Delivery of Reports — Hard Copy Reports to On-Line Customers | 10016 | $50.00 |
| Special Settlement Arrangement (Charge Per Settlement Day)11 | 10055 | $150.00 |
- The incentive discounts apply to the volume that exceeds 60 percent of a customer’s historic benchmark volume. Historic benchmark volume is based on a customer’s average daily activity over the previous five calendar years. If a customer has fewer than five full calendar years of previous activity, its historic benchmark volume is based on its daily activity for as many full calendar years of data as are available. If a customer has less than one year of past activity, then the customer qualifies automatically for incentive discounts for the year. The applicable incentive discounts are as follows: $0.776 for transfers up to 14,000; $0.24 for transfers 14,001 to 90,000; and $0.156 for transfers over 90,000. ↩︎
- See footnote 1 ↩︎
- See footnote 1 ↩︎
- See footnote 1 ↩︎
- See footnote 1 ↩︎
- This fee will be assessed at the parent level to a Fedwire Funds participant that has at least one transfer unit of volume in Tier 2 pre-incentive discount and no transfer unit of volume in Tier 3 pre-incentive discount. ↩︎
- This fee will be assessed at the parent level to a Fedwire Funds participant that has at least one transfer unit of volume in Tier 3 pre-incentive discount. ↩︎
- This fee is charged to any Fedwire Funds participant that originates a transfer message via the FedPayments Manager Funds tool and has the import/export processing option setting active at any point during the month. ↩︎
- This surcharge applies to originators of transfers that are processed by the Reserve Banks after 5:00 p.m. ET. ↩︎
- Provided on billing statement for informational purposes only. ↩︎
- This charge is assessed to settlement arrangements that use the Fedwire Funds Service to affect the settlement of interbank obligations (as opposed to those that use the National Settlement Service). With respect to such special settlement arrangements, other charges may be assessed for each funds transfer into or out of the accounts used in connection with such arrangements. ↩︎
Effective January 1, 2026