Clearing House Interbank Payments System (CHIPS)

 

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Clearing House Interbank Payments System (CHIPS)

An international wire transfer system for high-value payments operated by a group of major banks.



Clearing House Interbank Payments System (CHIPS)

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Clearing house interbank payment system

Clearing house interbank payment system

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Society for Worldwide Interbank Financial Telecommunications (SWIFT)

Society for Worldwide Interbank Financial Telecommunications (SWIFT)

A dedicated computer network to support funds transfer messages internationally between over 900 member banks world-wide.


Society for Worldwide Interbank Financial Telecommunications

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An international body which sets protocols and standards for international payment systems, such as electronic money transfers.


Paris Interbank Offer Rate (PIBOR)

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The deposit rate on interbank transactions in the Eurocurrency market quoted in Paris.


Interbank rate

Interbank rate

The rate of interest charged by a bank on a loan to another bank. See LIBOR.


Further Suggestions

Interbank market
London interbank offered rate
London Interbank Offered Rate (LIBOR)
Interbank rate
London Interbank Bid Rate (LIBID)
Moscow Interbank Currency Exchange (MICEX)


 
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