RULES GOVERNING THE - chips
RULES GOVERNING THE - chips
RULES GOVERNING THE - chips
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ADMINISTRATIVE PROCEDURES CLEARING HOUSE<br />
INTERBANK PAYMENTS SYSTEM (CHIPS)<br />
(As Amended Through March 7, 2013; Effective January 22, 2001.)<br />
INDEX<br />
Administrative Procedure No. 1<br />
Administrative Procedure No. 2<br />
Administrative Procedure No. 3<br />
Administrative Procedure No. 3A<br />
Administrative Procedure No. 4<br />
Administrative Procedure No. 5<br />
Administrative Procedure No. 6<br />
Administrative Procedure No. 7<br />
Administrative Procedure No. 8<br />
Administrative Procedure No. 9<br />
Administrative Procedure No. 10<br />
Administrative Procedure No. 11<br />
Administrative Procedure No. 12<br />
Administrative Procedure No. 13<br />
Administrative Procedure No. 14<br />
Administrative Procedure No. 15<br />
Use of System Following a Breakdown<br />
Errors Other than System Caused<br />
Inability to Apply Funds<br />
Use of System to Request or Provide<br />
Additional Instructions; Service<br />
Messages<br />
Emergency Procedures; Designated<br />
Receiver<br />
Qualification of Payment Messages;<br />
Authorization to Pay Identified Party<br />
[Reserved]<br />
Payment Instructions Requesting “Phone,<br />
Wire, or Cable Advice” via CHIPS<br />
Guidance for Requesting Emergency<br />
Extensions of CHIPS Cutoff<br />
[Reserved]<br />
Alternate Delivery of Late Receives<br />
Change of Funding Participant<br />
Hours of Operation<br />
Alternate Routing of CHIPS Payments<br />
Procedure for Establishing Final Clearing<br />
Guidelines<br />
Amendments to the CHIPS Rules and<br />
Administrative Procedures<br />
No. 1<br />
Use of the System Following a Breakdown<br />
Whenever the System becomes operational after a breakdown, it shall be the duty<br />
of all Participants in using the System after such breakdown to ensure that the CHIPS<br />
facilities are utilized in accordance with any special procedures set forth in the CHIPS<br />
Systems and Operations Manual or as otherwise required from time to time by the<br />
Clearing House.<br />
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