Research Paper Number
Like any method of payment, the wire transfer may be either an "on-us" or interbank payment. In Canada, as long as they are between large banks, interbank wire payments are processed through the Canadian Payments Association's ("CPA") Large Value Transfer System ("LVTS").
Geva, Benjamin, "Best Practice for the Uniform Treatment of Wire Payments." Osgoode Legal Studies Research Paper Series, vol. 12, no. 9, 2016.
Also published in the National Banking Law Review 32.3 (2013): 42-44 and available from SSRN.