ABOUT CHIPS

Overview

For more than 40 years, CHIPS has set the industry standard for reliability, efficiency and innovation in wire transfer payments. 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.

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.