Clearing House Interbank Payment Systems (CHIPS)
nounverified· unreviewed·updated Aug 30, 2026
A "real time," multilateral, final payments system for large dollar value, business-to-business payment transactions between domestic or foreign institutions that have offices located in the United States. CHIPS is run by CHIP Co. LLC, a subsidiary of The Clearing House Payments Company, LLC.
MWEFederal Financial Institutions Examination Council (FFIEC) IT Examination Handbook Infobase, Glossary
Classifications
Entity Type
System0%rule-basedmulti_axis_classifier_low_confidence.v1
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Sensitivity
Regulated88%llm-generatedllm:claude-haiku-4-5
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Information Class
—60%llm-generatedllm:claude-haiku-4-5
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Variants
- plural
- Clearing House Interbank Payment Systems (CHIPS)S
- possessive
- Clearing House Interbank Payment Systems (CHIPS)'s
- pluralpossessive
- Clearing House Interbank Payment Systems (CHIPS)S'