ABOUT CHIPS
Overview
For more than 37 years, CHIPS has delivered highly effective and efficient wire transfer payments – in real time with finality. During this time, CHIPS has maintained a reputation of reliability, efficiency and innovation, processing over 95% of the USD cross-border payments and an increasing volume of U.S. domestic payments.
Leading banks, their correspondents and customers around the world count on CHIPS to process more than $2 Trillion each day.
CHIPS is operated by The Clearing House, which also provides ACH, paper check exchange and check image exchange for financial institutions of all sizes.
Find out what makes CHIPS unique for financial institutions and corporations.
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