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U.S. Treasury FEDWIRE Deposit System
FEDWIRE allows submission of electronic payments to ONRR through the Federal Reserve Bank wire network for same-day settlement. The funds and remittance information are transferred from banks to ONRR via the New York Federal Reserve Bank.
FEDWIRE offers these benefits:
- Allows delay in the transfer of funds until the due date without incurring a late penalty.
- Eliminates mail, processing and collection float.
- Enables the federal government to receive, in a matter of minutes, deposits originating from commercial financial institutions.
For further information, call (800) 525-0309
You can also email or call an ONRR employee directly: