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The Fedwire Funds Service is the real-time gross settlement electronic payments service owned and operated by the Federal Reserve Banks.
The Fedwire Securities Service is a real-time gross settlement book-entry securities service owned and operated by the Federal Reserve Banks that allows for the immediate, simultaneous delivery of securities against payment.
Fedwire participants are primarily depository institutions acting on behalf of themselves and their customers.

Routing Number is used to facilitate the electronic routing of funds (ACH transfer) from one bank account to another in USA.A Routing Number is a nine-digit numeric code printed on the bottom of checks.
Society for Worldwide Interbank Financial Telecommunication(SWIFT) has defined standard format of Business Identifier Codes which is called as SWIFT code or BIC Code. The FedACH offers financial institutions, corporations, and consumers an efficient alternative payment method to writing, collecting, and processing paper checks.

Swift code is used while transferring money between banks, particularly for international wire transfers, and also for the exchange of other messages between banks.

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