On October 3, the Fed issued a notice to be published in the Federal Register that the Fedwire Funds Service (Fedwire) and National Settlement Service (NSS) will expand their operating days to include Sundays and weekday holidays. Under the new schedule, the services will continue to operate for the same length of time daily: 22 hours per day for Fedwire and 21.5 hours per day for NSS, with both operating six days per week, from Sunday through Friday, including weekday holidays. The Fed expects to implement this expansion in 2028 or 2029 to ensure “technological, operational, and industry readiness.”

The Fed stated this expansion was intended to support a wide range of payment activities and the U.S. dollar’s role in global commerce and would serve as an interim step toward potential future expansion to “22x7x365” operations (i.e., adding Saturdays). The notice also indicated that the Fed would continue to monitor for industry demand for further expansion, and that if the Fed to were to expand to a 22x7x365 operating schedule, it would not occur until at least two years after implementing the current expansion.