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

Interbank market

Interbank market

Financial institutions exchange of currencies between and among themselves.


London Interbank Offered Rate (LIBOR)

London Interbank Offered Rate (LIBOR)

The rate of interest that major international banks in London charge each other for borrowings. Many variable interest rates in the US are based on spreads off LIBOR. By contrast with the bid rate LIBID quoted by banks seeking such deposits.


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.


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.


Moscow Interbank Currency Exchange (MICEX)

Moscow Interbank Currency Exchange (MICEX)

Established in 1992, the most liquid and best organized financial exchange in Russia.


Further Suggestions

Paris Interbank Offer Rate (PIBOR)
clearing house interbank payment system
Interbank rate
Society for Worldwide Interbank Financial Telecommunications
Interbank rate
London interbank offered rate


 
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