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Mashreqbank Connects to CHIPS for Wire Payments

View the press release.

Fedwire® Funds Service and CHIPS Announce Support For New Formats For Cover Payments And Business Remittance Payments

View the Q&A and press release for additional information.

CHIPS…… Fast, Secure, Final Payments

CHIPS clears more than $2 trillion in wire payments each day. It’s operated by The Clearing House for banks and their customers worldwide

CHIPS

** IMPORTANT NOTICE **
The Clearing House has discovered a fraudulent website that substantially duplicates its CHIPS site. The fraudulent site is not associated with CHIPS, The Clearing House or any of its businesses.
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Core Principles Self-Assessment
CHIPS recently published its Self-Assessment regarding the Core Principles of Systematic Payment Systems developed by the Bank for International Settlements. As part of its policy on payment risk, these 10 core principles were developed by the Bank for International Settlements’ Committee on Payment and Settlement Systems and adopted by the Federal Reserve Board. We have posted this Self-Assessment and invite you to review it.

 
 

FINANCIAL INSTITUTIONS

Highly efficient payment system

Improve your liquidity, resiliency and customer service with CHIPS.

  • CHIPS is the most liquidity efficient payments system
    with its patented multilateral netting process. More
  • Already a CHIPS bank? Log in above.
 
 

CORPORATIONS

Use CHIPS for B2B Payments

When payments have to get there immediately, CHIPS is a good way to go.

  • Banks know best which system to use to meet your needs. Next time you make an important payment, ask your bank about CHIPS.

CHIPS promotes industry
standards to simplify
invoice payment and reconcilement.
See research.