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Clearing House Interbank Payments System (CHIPS)

The financial definition for Clearing House Interbank Payments System (CHIPS):

An international wire transfer system for high-value payments operated by a group of major banks.




Similar Matches

Interbank market

Interbank market
Financial institutions exchange of currencies between and among themselves.


Interbank rate

Interbank rate
See: LIBOR


London Interbank Bid Rate (LIBID)

London Interbank Bid Rate (LIBID)
The bid rate that a Euromarket bank is willing to pay to attract a deposit from another Euromarket bank in London. Related: LIBOR.


Further Suggestions

London Interbank Offered Rate (LIBOR)
Moscow Interbank Currency Exchange (MICEX)
Paris Interbank Offer Rate (PIBOR)
Society for Worldwide Interbank Financial Telecommunications (SWIFT)


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