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Large value funds transfer system

nounid 3112·updated May 12, 2026
candidate

A wholesale payment system used primarily by financial institutions in which large values of funds are transferred between parties. Fedwire® and CHIPS are the two large-value transfer systems in the United States.

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
Large value funds transfer systems
possessive
Large value funds transfer system's
pluralpossessive
Large value funds transfer systems'

Framework definitions

Federal Financial Institutions Examination Council (FFIEC) IT Examination Handbook Infobase, Glossary1 senseview framework →
§1
A wholesale payment system used primarily by financial institutions in which large values of funds are transferred between parties. Fedwire® and CHIPS are the two large-value transfer systems in the United States.

Outgoing relationships

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This term is not the subject of any RDF-style relationship yet.

Incoming relationships

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No other term currently asserts a relationship to this one.