미국의 전자결제시스템으로서 CHIPS와 ACH의 비교연구

A Comparative Study on the CHIPS and ACH in the Electronic Payment System of America

  This article want to discuss on comparative research between CHIPS and ACH in the electronic payment systems which America has and uses at present. CHIPS(Clearing House Interbank payment System) is a New York-based automated private-sector clearing facility for large-dollar transfers. It is a central switch communication and settlement system whose 53 participating banks exchange same-day payment messages over dedicated communication lines linking each one to the CHIPS central computer. On January 22, 2001, CHIPS introduced immediate finality for payment released from the CHIPS queue. The CHIPS system is not a real-time gross settlement system. CHIPS is hybrid system that uses a computer program to select payment order in a queue for release to the receiving bank. CHIPS is governed by CHIPS Rules and Administrative Procedures. The ACH(Automated Clearing House) System, a computer-based national counterpart to the check system, is a batch-processing value-dated electronic payment mechanism, supporting both debit and credit transfer under which transactions are processed in groups(batch) and released to the automated clearing house one or two days before settlement date.