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)

Similar Matches

London Interbank Bid Rate (LIBID)

London Interbank Bid Rate (LIBID)

The bid rate that a Euromarket bank is willing to pay to attract a deposit from another Euromarket bank in London. Related: LIBOR.


Clearing house interbank payment system

Clearing house interbank payment system

A computerised payment system for clearing cheques in New York.


Interbank rate

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See: LIBOR


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

Society for Worldwide Interbank Financial Telecommunications

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


Further Suggestions

Interbank rate
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Moscow Interbank Currency Exchange (MICEX)
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