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- The movement of funds by non-paper means (normally electronically), usually through a payment system such as the Automated clearing house (ACH) network or Fedwire.
- Strictly one of the the twelve Federal Reserve Banks which form a major part of the Federal Reserve System, the central banking system of the United States.
- The electronic exchange of business data between or within commercial entities (including their agents or intermediaries in some cases also public administrations), in a standard format, of data relating to a number of message categories, such as orders, invoices, customs documents, remittance advices and payments.
- The same-day value electronic funds transfer system operated in the US by the Federal Reserve Bank (Fed)