# Wire

<figure><img src="/files/uRpEaKS3yjJJjo8pFVWp" alt=""><figcaption></figcaption></figure>

WIRE TRANSFER

<mark style="color:red;">**1. Initiation:**</mark> The sender provides their bank with the recipient’s name, account number and bank information (such as routing number for domestic transfers and IBAN for international transfers).
&#x20;\ <mark style="color:red;">**2. Verification:**</mark> The sending bank verifies the sender’s account balance and transaction details.
\ <mark style="color:red;">**3. Processing:**</mark> The sending bank processes the transfer through payment networks such as Fedwire or SWIFT.
\ <mark style="color:red;">**4. Intermediary routing:**</mark> Especially for international transfers, the payment may route through intermediary banks that facilitate the transaction between different banking systems.
\ <mark style="color:red;">**5. Funds crediting:**</mark> The recipient’s bank receives the payment instructions and credits the funds to the specified account.
\ <mark style="color:red;">**6. Notification:**</mark> Both sender and recipient receive confirmation of the transfer.
\ <mark style="color:red;">**7. Settlement:**</mark> The banks complete the transaction by settling funds between themselves through central banks or clearing houses.


---

# Agent Instructions: Querying This Documentation

If you need additional information that is not directly available in this page, you can query the documentation dynamically by asking a question.

Perform an HTTP GET request on the current page URL with the `ask` query parameter:

```
GET https://docs.xft.finance/learn/flows/payments/wire.md?ask=<question>
```

The question should be specific, self-contained, and written in natural language.
The response will contain a direct answer to the question and relevant excerpts and sources from the documentation.

Use this mechanism when the answer is not explicitly present in the current page, you need clarification or additional context, or you want to retrieve related documentation sections.