CHIPS - World Leader in Electronic Payments

CHIPS is the industry standard for clearing and settling large value U.S. Dollar payments around the world.

For 34 years, CHIPS has maintained a reputation for reliability, efficiency and innovation, processing more than 95% of the U. S. Dollar cross-border payments.

With new value-added features CHIPS continues to be the premier system for all large value payments – in the U.S. and around the world.

CHIPS' unique real-time multilateral netting with payment finality provides a very efficient use of liquidity
It's the only large value system that can carry extensive remittance information for commercial payments
Global processing hours align with business days around the world
Online management tools , including a “payments on demand” capability to instantly clear high priority payments
Operational excellence – a 94% straight through processing rate and nearly 100% systems uptime year after year

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CHIPS

Usage:
53 participants in 22 countries

Volume:
$1.3 T/day
268M transactions/day

Systems Availability:
99.99%

Customer Satisfaction:
4.9 on 5 point scale

Find Out More

See CHIPS website for:

more info on CHIPS
UID Look-up
CHIPS statistics
CHIPS test schedule