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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 MatchesLondon 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 systemClearing house interbank payment systemA computerised payment system for clearing cheques in New York. Interbank rateInterbank rateSee: 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 TelecommunicationsSociety for Worldwide Interbank Financial TelecommunicationsAn international body which sets protocols and standards for international payment systems, such as electronic money transfers. Further SuggestionsInterbank rateParis Interbank Offer Rate (PIBOR) London interbank offered rate Moscow Interbank Currency Exchange (MICEX) Interbank market London Interbank Offered Rate (LIBOR) |
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