CHIPS Meanings | What Does CHIPS Stand For? - All Acronyms
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CHIPS refers to the Clearing House Interbank Payments System, which is a system used for electronic payments and settlements between banks in the United States, facilitating the transfer of funds efficiently and securely. It is predominantly associated with Finance and Banking sectors. Related abbreviations: ACH (Automated Clearing House) and SWIFT (Society for Worldwide Interbank Financial Telecommunication).
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