Resolved -
This incident has been resolved.
Message from FRBServices:
The Fedwire Funds Service, Fedwire Securities Service, and National Settlement Service have resumed processing and are operating normally. The Federal Reserve Banks have taken steps to help ensure the resilience of the Fedwire and NSS applications, including recovery to the point of failure. Nevertheless, it is critical that you reconcile the messages you believe you had sent or received through the services after waiting several minutes for the backlog of messages to finish processing before you submit additional messages to the Fedwire Funds Service and Fedwire Securities Service and additional settlement files to the National Settlement Service.
Feb 24, 13:57 CST
Identified -
Dwolla was just made aware that the Federal Reserve is experiencing an unexpected outage that has impacted both Same Day and Standard ACH. It is unclear at this time how long this outage will last, and whether it will ultimately impact the ability to export today’s Same Day ACH file. As more information is made available to us we will be sure to keep you updated.
Message from FRB Services:
February 24, 2021 2:14 PM Eastern Time
Beginning around 11:15 a.m. ET, Federal Reserve Bank staff became aware of a disruption for all services. Our technical teams have determined that the cause is a Federal Reserve operational error. We will provide updates via service status as more information becomes available. We acknowledge that payment deadlines are impacted and will communicate remediation efforts to our customers when available. Thank you for your patience while we work to resolve the issue.
Feb 24, 13:16 CST