Fedwire Payments and Securities, Quarterly
Quarterly statistics of the Fedwire Funds Service and the Fedwire Securities Service since 1992: number and value of transfers originated, average daily number and value, average value per transfer and, for the securities service, the par value of securities held in custody at the end of each quarter (from 1999).
| Indicator | Q2-2026 | Q1-2026 | Q4-2025 | Q3-2025 | Q2-2025 | Q1-2025 | Q4-2024 | Q3-2024 | Q2-2024 | Q1-2024 | Q4-2023 | Q3-2023 | Q2-2023 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Fedwire Funds Service5 | ||||||||||||||
| Transfers originated | 57,780,547 | 54,088,397 | 55,926,208 | 54,583,206 | 54,914,034 | 51,873,252 | 54,568,540 | 53,490,231 | 52,865,762 | 48,992,302 | 48,898,878 | 48,564,778 | 49,017,063 | |
| Value of transfers originated | 304,294.86 | 283,926.85 | 274,196.41 | 287,575.03 | 298,871.04 | 287,624.8 | 285,322.75 | 286,850.39 | 284,150.98 | 277,095.57 | 271,702.91 | 267,426.37 | 271,016.02 | |
| Average daily number of transfers | 917,152 | 886,695 | 902,036 | 852,863 | 871,651 | 850,381 | 880,138 | 835,785 | 839,139 | 790,198 | 788,692 | 770,869 | 778,049 | |
| Average daily value of transfers | 4,830.08 | 4,654.54 | 4,422.52 | 4,493.36 | 4,743.99 | 4,715.16 | 4,601.98 | 4,482.04 | 4,510.33 | 4,469.28 | 4,382.31 | 4,244.86 | 4,301.84 | |
| Average value per transfer | 5.27 | 5.25 | 4.9 | 5.27 | 5.44 | 5.54 | 5.23 | 5.36 | 5.37 | 5.66 | 5.56 | 5.51 | 5.53 | |
| Fedwire Securities Service6 | ||||||||||||||
| Transfers originated | 8,338,246 | 8,242,115 | 8,030,561 | 8,088,710 | 8,069,310 | 7,768,846 | 7,700,932 | 7,586,640 | 7,083,285 | 6,917,718 | 6,843,936 | 6,418,535 | 6,293,096 | |
| Value of transfers originated | 165,704.71 | 166,880.12 | 170,854.34 | 169,342.6 | 164,717.29 | 154,164.08 | 151,326.1 | 149,420.15 | 131,188.06 | 122,792.81 | 116,793.25 | 111,273.02 | 109,076.37 | |
| Average daily number of transfers | 132,353 | 135,117 | 129,525 | 126,386 | 128,084 | 127,358 | 124,209 | 118,541 | 112,433 | 111,576 | 110,386 | 101,882 | 99,890 | |
| Average daily value of transfers | 2,630.23 | 2,735.74 | 2,755.72 | 2,645.98 | 2,614.56 | 2,527.28 | 2,440.74 | 2,334.69 | 2,082.35 | 1,980.53 | 1,883.76 | 1,766.24 | 1,731.37 | |
| Average value per transfer | 19.87 | 20.25 | 21.28 | 20.94 | 20.41 | 19.84 | 19.65 | 19.7 | 18.52 | 17.75 | 17.07 | 17.34 | 17.33 | |
| Securities held in custody at quarter end | 120,752.83 | 119,910.93 | 118,677.48 | 117,681.49 | 116,228.44 | 115,627.73 | 113,996.17 | 112,617 | 111,366.39 | 110,624.98 | 109,660.41 | 108,779.41 | 107,141.59 |
Latest reading
Average daily value of transfers stood at 4,830.08 Billion USD in Q2 2026. That is +3.8% from Q1 2026 and +1.8% from a year earlier. The series on this page is quarterly and runs from Q1 1992 to Q2 2026. Source: Federal Reserve Financial Services (Fedwire volume and value statistics).
- Latest
- 4,830.08 Billion USD
- Q2 2026
- vs previous period
- +3.8%
- Q1 2026
- vs a year earlier
- +1.8%
About this data
Quarterly statistics of the Fedwire Funds Service and the Fedwire Securities Service since 1992: number and value of transfers originated, average daily number and value, average value per transfer and, for the securities service, the par value of securities held in custody at the end of each quarter (from 1999). The quarterly series extend the monthly table more than two decades back and show how the daily value settled over Fedwire grew from under one trillion dollars in the early 1990s. Values are converted from millions to billions of dollars. Source: Federal Reserve Financial Services.
Frequently asked questions
- What does the quarterly Fedwire data show?
- It shows the number and value of transfers originated on the Fedwire Funds Service and the Fedwire Securities Service each quarter, with daily averages and average value per transfer.
- Who publishes it and how far back does the series run?
- Federal Reserve Financial Services publishes it quarterly, with the series on this page running from the first quarter of 1992.
- How does the quarterly series differ from the monthly one?
- It covers the same two services but starts fifteen years earlier, so it is the series to use for long-run comparisons of payment activity.
- What does average value per transfer indicate?
- It separates a change in the number of payments from a change in their size, which distinguishes broader transaction activity from a small number of very large settlements.
