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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 />

29

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