home/glossary/Clearing House Interbank Payment Systems (CHIPS)

Clearing House Interbank Payment Systems (CHIPS)

nounid 1832·updated May 12, 2026
candidate

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.

MWE

Classifications

Entity Type

System0%rule-basedmulti_axis_classifier_low_confidence.v1

Sensitivity

Regulated88%llm-generatedllm:claude-haiku-4-5

Information Class

60%llm-generatedllm:claude-haiku-4-5

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'

Framework definitions

Federal Financial Institutions Examination Council (FFIEC) IT Examination Handbook Infobase, Glossary1 senseview framework →
§1
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.

Outgoing relationships

No outgoing triples
This term is not the subject of any RDF-style relationship yet.

Incoming relationships

No incoming triples
No other term currently asserts a relationship to this one.