20210305 1719 

 

REF

[1] "en.wikipedia.org/wiki/Clearing_House_Interbank_Payments_System" Clearing House Interbank Payments System

[2] "mingclee.medium.com/how-payments-are-cleared-and-settled-fedwire-chips-ach-8371c5ebfe05" How payments are cleared and settled, Fedwire, CHIPS, ACH

[3] "www.quora.com/What-is-the-difference-between-SWIFT-CHIPS-and-Fedwire" What is the difference between SWIFT, CHIPS, and Fedwire?

 

(motive) Chips vs Fed wire, what'are these?

⇒ [2] is simple and clear!

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