The Federal Reserve works to promote a safe, efficient, and accessible system for U.S. dollar transactions.
Cash Services
The Federal Reserve System issues and distributes the nation’s currency
Automated Clearing House Payments
The Federal Reserve began operating an electronic payment Automated Clearing House system in the 1970s to provide a substitute for paper checks.
Fedwire
Since 1915, the Federal Reserve has operated a wire payment system, known today as Fedwire.
Check Payments
Congress charged the Federal Reserve with using the nationwide scope of its operations to improve the check payments system
