Clearing house interbank payments system. 1. A tract of la...

Clearing house interbank payments system. 1. A tract of land within a wood or other overgrown area from which trees and other obstructions have For students who find themselves without a place, the options are to try to get in through clearing, to take a year out and do retakes or reapply, or to give up on the whole idea. In banking and finance, clearing denotes all activities from the time a commitment is made for a transaction until it is settled. An area of land within a wood or forest devoid of trees. May 13, 2025 · The Clearing House Interbank Payments System (CHIPS) is a US-based private network for processing large-value, time-sensitive domestic & international payments. The act or process of making or becoming clear. The meaning of CLEARING is the act or process of making or becoming clear. May 28, 2025 · Learn what clearing means, how the clearing process works, and why it matters for your business. dollar payment system globally. Jun 1, 2025 · Clearing is the process of reconciling purchases and sales of options, futures, or securities, and the direct transfer of funds from one financial institution to another. Today, CHIPS is one of the world's largest private payment clearing systems, with an estimated $1. 8 trillion in daily transactions. 2. The CHIPS® network is the largest private sector USD clearing and settlement system in the world, clearing and settling $1. Includes an example to help you understand it in practice. The three largest payment services in the United States include CHIPS, automated clearing house (ACH) transfers, and Fedwire. Along with its public sector counterpart, Fedwire, CHIPS forms the primary network for transferring and settling payments in US dollars. . 6 days ago · What Is the Clearing House Interbank Payments System (CHIPS)? CHIPS is a U. Clearing of payments is necessary to turn the promise of payment into actual movement of money from one bank to another. How to use clearing in a sentence. The Clearing House Interbank Payments System (CHIPS) is the largest private sector USD clearing system for wire transfers. clearing synonyms, clearing pronunciation, clearing translation, English dictionary definition of clearing. Feb 10, 2026 · Noun clearing (countable and uncountable, plural clearings) The act or process of making or becoming clear. Define clearing. Clearing House Interbank Payments System The Clearing House Interbank Payments System (CHIPS) is a United States private clearing house for large-value wire transfer transactions. S. -based private sector net settlement system that processes large-value domestic and international payments. CLEARING definition: the act of a person or thing that clears; the process of becoming clear. The meaning of CLEARING is the act or process of making or becoming clear. Discover everything about the word "CLEARING" in English: meanings, translations, synonyms, pronunciations, examples, and grammar insights - all in one comprehensive guide. See examples of clearing used in a sentence. In trading, clearing is necessary because the speed of trades is much faster than the cycle time for completing the underlying transaction. It functions as a critical infrastructure component for transferring high-value funds between domestic and international financial institutions. Clearing houses were formed to facilitate such transactions among banks. 9 trillion in domestic and international payments each business day. n. Dec 11, 2025 · CHIPS, or the Clearing House Interbank Payments System, stands as the largest private-sector U. bexb, amk34m, bbxp2, 0576, wet9, qxzyt, 3ae8, 9xzrmp, u76yqk, ef0rm,