ANNOUNCEMENTS

Important Notice

The Clearing House has discovered a fraudulent website that substantially duplicates its CHIPS site. The fraudulent site is not associated with CHIPS, The Clearing House or any of its businesses.

CHIPS turns 40 today! See timeline and press release

Core Principles Self-Assessment - CHIPS recently published its Self-Assessment under the Core Principles of Systemically Important Payment Systems. These Core Principles were developed by the Bank for International Settlements’ Committee on Payment and Settlement Systems and have been adopted by the Federal Reserve Board and incorporated into the Fed’s policy on payments-system risk. We have posted this Self-Assessment and invite you to review it.

Questions and answers prepared by representatives of member banks of the Wolfsberg Group and The Clearing House Association L.L.C.

Federal Reserve Banks and The Clearing House Issue Specifications for New Cover Payments Message Format
CHIPS participants can login and view the Implementation Guide.

CORPORATIONS

Use CHIPS for B2B Payments
Banks know best which system to use to meet your needs. Next time you make an important payment, ask your bank about CHIPS.

FINANCIAL INSTITUTIONS

Highly efficient payment system
CHIPS is the most liquidity efficient payments system with its patented multilateral netting process.

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