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Clearing House Inter-Bank Payments System
Title

Clearing House Inter-Bank Payments System
Url http://www.chips.org/
Description A subsidiary of the New York Clearing House, CHIPS is a bank-owned competitor to FedWire.
Category Payment Associations
Random Site Quote: As the nation's oldest and most innovative payments association and processor, our goal is to help our financial institution members remain at the forefront of the payments industry.
Federal Reserve Banks and The Clearing House Issue Specifications for New Cover Payments Message Format for additional information. CHIPS participants can login and view the Implementation Guide. Habib Bank Limited Connects to CHIPS for Mashreqbank Connects to CHIPS for Wire Payments The
Keywords Electronic check presentment   ECP   Check exchange   Payment clearing and settlement   Strategic partners   Alliances   USA PATRIOT Act   Money Laundering
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 Other links at Payment Associations
1. Committee on Payment and Settlement Systems
  The secretariat of the CPSS at the BIS.
Category:   Payment Associations


2. Clearing House Inter-Bank Payments System
  A subsidiary of the New York Clearing House, CHIPS is a bank-owned competitor to FedWire.
Category:   Payment Associations


3. Canadian Payments Association
  Contains the rules used by Canadian deposit-taking financial institutions for clearing cheques and for electronic payments.
Category:   Payment Associations


4. European Payments Council
  Working towards a single payment area in the EU or in the eurozone.
Category:   Payment Associations


5. Electronic Payments Network
  Private Automated Clearing House Operator owned and governed by financial institutions that provides processing services for all types of financial institutions.
Category:   Payment Associations




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