What is the clearing house payment system?

The Clearing House is the parent organization of The Clearing House Payments Company L.L.C., which owns and operates core payments system infrastructure in the United States, including ACH, wire payments, check image clearing, and real-time payments through the RTP network, a modern real-time payment system for the U.S.

Who is the clearing house?

The Clearing House | 16,628 followers on LinkedIn. Delivering safe and reliable payments systems, such as the RTP® network – an innovative real-time payments platform. | The Clearing House is a banking association and payments company owned by the largest commercial banks, and dates back to 1853.

What is the clearing house interbank payments system (chips)?

The Clearing House Interbank Payments System (CHIPS) is a bank owned automated funds-transfer system for domestic and international high value payment transactions in U.S. dollars. It is a real-time final settlement payment system that continuously matches, off-sets and settles payments among international and domestic banks.