The primary clearing house in the U.S. for large banking transactions. CHIPS settles over of trades per day, valued in excess of $1 trillion. CHIPS and. Clearing House Interbank Payments Company (CHIPS) is a bank-owned payments system that clears large-value payments in real time. It is categorized as an. The Clearing House Interbank Payments System (CHIPS) is a United States private clearing house for large-value transactions. By it was settling well over Differences with Fedwire · Members · See also · References. Eastern time to transfer their debit amounts through Fedwire to the CHIPS settlement account on the books of the New York Fed. Browse Dictionary by Letter: For corporations, CHIPS makes secure wire payments to businesses or individuals. Sorry, your blog cannot share posts by email. Clearing House Interbank Payments System - CHIPS Share. At the end of the day, CHIPS uses these deposits chips payment settle any still-unsettled transactions. Topic General feedback Call back request Complaints Questions about recent transfer Questions before registering Refer a friend Submission of identity documents Technical support Casino poker regeln.