Fast Facts

A wealth of experience, a worldwide reputation

Because we fully understand the latest in technology… Because we develop innovative solutions for clearing payments… Because we offer highly reliable and professional service, CHIPS has earned the reputation of the most effective, large-value real-time payments system in the world.

• Transfers an average total value of $2 trillion a day, with only $3.5 billion in prefunding.
• Clears over 350,000 transactions on an average day.
• 85% of all payments are processed through our system by 12 pm each day.
• Handles 95% of all U.S. dollar cross-border payments.
• Only U.S. real-time payments system with Remittance Information Delivery capability.
• 37 years of experience, knowledge and reliability.
• Customers represent 19 countries from around the world.
• Types of payments include…
• Large and small payment transactions
• U.S. dollar foreign exchange settlements
• Financial settlements (ex. Loan and interest payments)
• Commercial payments
• Off shore investments