Bank rails

Wires

8min
as part of the industry wide transition to iso 20022, fedwire will adopt this new messaging standard on july 14, 2025 we are introducing new api validations across different wire message types these validations ensure compliance, ensure data accuracy, and improve processing accuracy follow important wires api update for details on the new validations set to launch in april 2025 in the sandbox environment use wire transfers for both domestic and international payments you or your customer can transfer money electronically to a recipient and a recipient can access the money, typically the same day wire transfers go through fedwire ® , operated by the u s federal reserve in cross river (cr), both inbound and outbound international wire transfers go through a domestic intermediary bank to send or receive international wires in usd, you must contact the beneficiary bank to get the needed wire transfer information wires apis are found in the wires module of our cos sandbox register with cross river apis wires apis described on this page action api call description wires docid 2jf5lvztusac2jqpi9pjf post /wires/v1/payments sends a single wire transfer payment wires docid 2jf5lvztusac2jqpi9pjf post /wires/v1/payments/{id}/cancel cancels a wire transfer payment wires docid 2jf5lvztusac2jqpi9pjf post /wires/v1/payments/corporate drawdown requests requests an inbound payment by wire transfer wires docid 2jf5lvztusac2jqpi9pjf post /wires/v1/payments/{id}/drawdown responses responds to a request for a payment by wire transfer send a wire transfer cancel a wire transfer response attributes the response attributes https //docs crossriver com/content/payments/wires/wiresapis/wiresapis htm#response attributes for this call are the same as for send a wire transfer originate a drawdown request response attributes the response attributes https //docs crossriver com/content/payments/wires/wiresapis/wiresapis htm#response attributes for this call are the same as for send a wire transfer respond to a drawdown request responds to a wires drawdown request by sending payment response attributes the response attributes for this call are the same as for send a wire transfer associated webhook events event name description wire payment canceled outbound wire was canceled at the partner's request wire payment rejected outbound wire could not be processed due to compliance reasons or was rejected by the federal reserve wire payment processed outbound wire has been transmitted to the federal reserve still possible the wire could be rejected wire payment sent outbound wire has been transmitted to the federal reserve and has been successfully acknowledged imad number is now available wire payment received inbound wire has been received from another bank wire hold escalated a hold relating to either an inbound or outbound wire was marked for escalation by a member of the operations team commonly this is used to indicate additional documentation or action is needed by the partner related topics wires request and response codes error codes tutorials originate a payment simulate inbound payments originate a drawdown request respond to a drawdown request