CHIPS (The Clearing House)

CHIPS is operated by The Clearing House, which also provides ACH, paper cheque exchange and cheque image exchange for financial institutions of all sizes.

Leading banks worldwide, their correspondents and customers rely on CHIPS for real-time payments that are accurate and final. Today, CHIPS is responsible for over 95% of USD cross-border and nearly half of all domestic wire transactions totaling $1.5 trillion daily.