Fedwire Payins at Cobre

Receive same-day USD payments directly into your U.S. FBO Balance via Fedwire

Fedwire Payins allow businesses to receive inbound USD transfers from any Fedwire-participating institution directly into their Cobre U.S. FBO Balance. Each client is assigned a dedicated ABA routing number and account number, and when a third party sends a Fedwire credit to those coordinates, Cobre automatically receives, reconciles, and credits the funds in real time. This makes inbound USD receipts a first-class, fully auditable money movement within the Cobre platform — not a passive or untracked event.

1. What Cobre Enables with Fedwire Payins

With Fedwire Payins, Cobre allows companies to:

Receive same-day, high-value USD payments from any Fedwire-participating U.S. institution

Accept inbound wires using a dedicated ABA routing number and account number tied to their U.S. FBO Balance

Automatically credit received funds with no manual intervention required

Capture full sender metadata — including institution name, originating routing and account number, wire amount, value date, and any reference memo provided by the sender

Track each inbound payment with real-time transactional visibility

Reconcile inbound Fedwire receipts alongside outbound payouts, internal transfers, and all other money movements on the platform

2. Fedwire Payins in the Cobre Model

A Fedwire Payin is an inbound cross-institution money movement with the following characteristics:

Property	Details
Origin	A third party at any Fedwire-participating financial institution
Destination	Client's U.S. FBO Cobre Balance (USD)
Speed	Same-day / near real-time during Federal Reserve operating hours
Settlement	Final and irrevocable upon receipt
Visibility	Reflected instantly on the FBO Balance via transactions and reports

Fedwire Payins fit into Cobre's broader U.S. liquidity model as the inbound leg of a closed funding loop. The complete cycle works as follows:

Global Balance → FBO Balance — An internal Global-to-USA transfer prefunds the FBO Balance ahead of a disbursement cycle.

FBO Balance → Third Party — Outbound Fedwire payouts are executed from the FBO Balance to external recipients.

Third Party → FBO Balance — Inbound Fedwire Payins credit the FBO Balance when external parties send wires to the client's dedicated coordinates.

FBO Balance → Global Balance — An internal USA-to-Global transfer sweeps surplus or residual funds back to the central treasury pool.

All four legs are first-class, auditable money movements with real-time visibility and unified reporting — no external bank transfer between client accounts is required at any step.

3. Key Capabilities

3.1 Dedicated Receiving Coordinates

Each client FBO Balance is provisioned with a unique set of U.S. banking identifiers:

ABA Routing Number — identifies the U.S. financial institution holding the FBO account

Account Number — uniquely identifies the client's FBO Balance within that institution

These coordinates are provided upon FBO Balance provisioning and are retrievable at any time via the Cobre Portal or the Balances API. Clients share them with their payers — suppliers, counterparties, treasury teams, or affiliated entities — to instruct inbound Fedwire transfers.

Because the coordinates map exclusively to the client's FBO Balance (not a shared pool), incoming funds land directly and unambiguously in the correct account with no intermediary or virtual-account mapping required.

3.2 Automatic Credit and Real-Time Balance Updates

When an inbound Fedwire credit settles, Cobre automatically:

Matches the wire to the receiving FBO Balance

Credits the FBO Balance in real time

Creates a transaction record with full sender metadata

No manual posting, confirmation step, or operational intervention is required. The balance update and transaction record are available immediately upon clearing.

3.3 Open Inbound Acceptance

Cobre does not reject or return inbound wires based on sender identity. If a Fedwire credit arrives from an unexpected or unrecognized sender, it will still credit the FBO Balance and appear as a transaction with complete sender details. Clients are responsible for reviewing unexpected receipts and, if necessary, returning funds through a separate outbound Fedwire payout.

4. Core Concepts and Terminology

U.S. FBO Balance
The Cobre Balance denominated in USD and purpose-built for U.S. money movements. It holds funds that have been received via Fedwire Payins or prefunded from the Global Balance, and it serves as the origin for outbound Fedwire payouts.

ABA Routing Number
A nine-digit identifier assigned by the American Bankers Association that identifies the U.S. financial institution holding the FBO account. Senders include this in their wire instructions to route the payment to the correct institution.

Account Number
A unique identifier that distinguishes the client's FBO Balance within the holding institution. Together with the ABA routing number, it fully specifies the destination of an inbound wire.

Fedwire Credit
The inbound settlement event triggered when a third party initiates a wire transfer to the client's routing and account number. Once settled, the credit is final and irrevocable.

Global Balance
Cobre's central multi-currency balance, which serves as the consolidation hub for funds across geographies and currencies. The FBO Balance and the Global Balance are connected through internal transfer mechanisms (Global-to-USA and USA-to-Global), enabling a fully closed liquidity loop within the Cobre platform.

RTGS (Real-Time Gross Settlement)
The settlement model used by Fedwire, in which each transaction settles individually and in full, with no netting or batching. This guarantees finality and same-day availability.

5. Speed, Settlement & Reliability

Fedwire Payins settle under the same Federal Reserve guarantees that apply to outbound Fedwire payouts:

Funds are received on a near real-time gross settlement basis — each inbound wire settles individually, with no netting or batching

Settlement is final and irrevocable — no recall, reversal, or chargeback is possible once the credit has cleared

The FBO Balance is updated in real time as soon as the credit clears

Full sender metadata is captured and attached to the transaction record at settlement

Operating Hours: Fedwire operates Monday–Friday, 9:00 AM–7:00 PM ET. Inbound wires initiated outside these hours will be queued by the originating institution and credited during the next available Federal Reserve operating window.

For businesses with predictable inbound USD flows, the combination of same-day finality and automatic reconciliation eliminates manual tracking and reduces the operational overhead typically associated with high-value wire monitoring.

6. Typical Business Use Cases

Fedwire Payins through Cobre are well suited for:

Receiving client or customer payments in USD from U.S.-based counterparties

Accepting treasury or intercompany transfers from affiliated entities

Collecting proceeds from asset sales, loan disbursements, or institutional settlements

Funding the FBO Balance from an external U.S. bank account before initiating Fedwire payouts

Receiving repatriated funds routed back from correspondent or partner institutions

Consolidating inbound USD receipts before converting to local currencies via Cross Border Payments

Fedwire Payins are particularly valuable for companies that operate U.S. disbursement cycles from Cobre: they can prefund the FBO Balance via an external wire, execute payouts, and sweep any surplus back to the Global Balance — all within a single, unified ledger.

7. Transactions, Reporting & Reconciliation

Every Fedwire Payin generates a Transaction in Cobre, which:

Credits the receiving U.S. FBO Balance (USD)

Is labeled and categorized by transaction type (fedwire_credit or equivalent)

Appears in transaction lists and balance statements immediately upon settlement

Is included in all standard Cobre reconciliation and accounting reports (CSV and JSON formats)

Carries full sender metadata — institution name, originating routing and account number, wire amount, value date, and any reference or memo field provided by the sender

This dual-entry visibility — credit on the FBO Balance, available alongside all outbound payouts and internal transfers — ensures that the complete lifecycle of U.S. liquidity activity is traceable within a single, unified reporting layer.

Finance teams can use Cobre's report exports or the Reports API to include Fedwire Payin activity in downstream accounting systems, treasury management tools, or compliance workflows without additional data normalization.

8. Governance, Controls & Auditability

Fedwire Payins are subject to the same platform-wide compliance and operational controls as all other Cobre money movements:

Automatic ledger recording — each inbound wire is posted to the receiving client's ledger with no manual intervention required

Full historical traceability — every payin includes sender details, value date, wire amount, and reference memo, creating a complete audit trail from receipt to reconciliation

Unified reporting — payin transactions appear in the same reporting exports as outbound payouts and internal transfers, enabling consistent end-to-end auditability

Given the irrevocable nature of Fedwire credits, clients are encouraged to:

Monitor inbound transactions regularly to identify unexpected receipts promptly

Establish internal review processes for large or unrecognized inbound wires

Use Cobre's notification and subscription capabilities to receive real-time alerts when a new credit lands in the FBO Balance

9. Fedwire Payins vs. Fedwire Payouts

Both Payins and Payouts operate on the Fedwire rail and share the same settlement guarantees, but they serve opposite roles within the Cobre U.S. liquidity model.

Dimension	Fedwire Payins	Fedwire Payouts
Direction	Inbound — third party to FBO Balance	Outbound — FBO Balance to third party
Initiation	Initiated by the external sender	Initiated by the Cobre client
Account Coordinates	Client shares routing + account number with payers	Client provides recipient's routing + account number
Counterparty Required	No — Cobre accepts any inbound wire automatically	Yes — a USA Counterparty record is required to route the payout
Approval Workflow	Not applicable (passive receipt)	Optional maker-checker workflow available
Settlement Finality	Final upon receipt — no return possible without a separate outbound payout	Final upon execution — irrevocable once sent
Typical Use	Receiving client payments, treasury funding, collections	Vendor payments, treasury disbursements, intercompany transfers

Both transaction types generate transaction records on the FBO Balance, appear in the same reporting exports, and contribute to the closed funding loop that Cobre enables for U.S. liquidity management.

10. Summary — What Cobre Delivers with Fedwire Payins

With Fedwire Payins, Cobre enables:

Same-day inbound USD receipts via Fedwire from any participating U.S. institution

A dedicated ABA routing number and account number per client FBO Balance

Automatic crediting and real-time balance updates upon settlement — no manual posting required

Full sender metadata capture at settlement for reconciliation and compliance

Unified transaction visibility alongside outbound Fedwire payouts and internal transfers

Inclusion in all standard Cobre reports for downstream accounting and auditing

Enterprise-grade traceability within the broader Cobre money movement ecosystem

Fedwire Payins complete the inbound leg of Cobre's U.S. liquidity loop — enabling businesses to receive, hold, disburse, and consolidate USD without stepping outside the platform. Combined with outbound Fedwire payouts and internal USA-to-Global transfers, they give treasury and finance teams a single, auditable view of all U.S. dollar activity in one place.

Fedwire Payins at Cobre

Receive same-day USD payments directly into your U.S. FBO Balance via Fedwire#

1. What Cobre Enables with Fedwire Payins#

2. Fedwire Payins in the Cobre Model#

3. Key Capabilities#

3.1 Dedicated Receiving Coordinates#

3.2 Automatic Credit and Real-Time Balance Updates#

3.3 Open Inbound Acceptance#

4. Core Concepts and Terminology#

5. Speed, Settlement & Reliability#

6. Typical Business Use Cases#

7. Transactions, Reporting & Reconciliation#

8. Governance, Controls & Auditability#

9. Fedwire Payins vs. Fedwire Payouts#

10. Summary — What Cobre Delivers with Fedwire Payins#