T7: Participation in major payment systems Source
(units; end of year)
«United States»
 Year
« ‹ 2013 › »
 2009 2010 2011 2012 2013
Large-value payment systems
CHIPS
Total number of participants 1napnapnap5250
Breakdown of 'total number of participants' by directly/indirectly connected
Directly connected participantsnapnapnap5250
Breakdown of 'directly connected participants' by participant type
Banksnapnapnap5250
Central banknapnapnap00
Governmentnapnapnap00
Postal institutionnapnapnap00
Payment systems, central counterparties and securities settlement systemsnapnapnap00
Othernapnapnap00
Indirectly connected participantsnapnapnap00
Fedwire Funds Service
Total number of participantsnapnapnapnavnav
Breakdown of 'total number of participants' by directly/indirectly connected
Directly connected participants 2napnapnap7,2106,998
Breakdown of 'directly connected participants' by participant type
Banksnapnapnapnavnav
Central banknapnapnapnavnav
Governmentnapnapnapnavnav
Postal institutionnapnapnapnavnav
Payment systems, central counterparties and securities settlement systemsnapnapnapnavnav
Othernapnapnapnavnav
Indirectly connected participantsnapnapnapnavnav
NSS
Total number of participants 3napnapnap1,2001,200
Breakdown of 'total number of participants' by directly/indirectly connected
Directly connected participantsnapnapnap1,2001,200
Breakdown of 'directly connected participants' by participant type
Banksnapnapnap1,2001,200
Central banknapnapnap00
Governmentnapnapnap00
Postal institutionnapnapnap00
Payment systems, central counterparties and securities settlement systemsnapnapnap00
Othernapnapnap00
Indirectly connected participantsnapnapnapnapnap
Retail payment systems
Cheque clearing: Federal Reserve
Total number of participants 4napnapnapnavnav
Breakdown of 'total number of participants' by directly/indirectly connected
Directly connected participantsnapnapnapnavnav
Breakdown of 'directly connected participants' by participant type
Banksnapnapnapnavnav
Central banknapnapnapnavnav
Governmentnapnapnapnavnav
Postal institutionnapnapnapnavnav
Payment systems, central counterparties and securities settlement systemsnapnapnapnavnav
Othernapnapnapnavnav
Indirectly connected participantsnapnapnapnavnav
Cheque clearing: Private
Total number of participants 4napnapnapnavnav
Breakdown of 'total number of participants' by directly/indirectly connected
Directly connected participantsnapnapnapnavnav
Breakdown of 'directly connected participants' by participant type
Banksnapnapnapnavnav
Central banknapnapnapnavnav
Governmentnapnapnapnavnav
Postal institutionnapnapnapnavnav
Payment systems, central counterparties and securities settlement systemsnapnapnapnavnav
Othernapnapnapnavnav
Indirectly connected participantsnapnapnapnavnav
EPN
Total number of participants 5napnapnapnavnav
Breakdown of 'total number of participants' by directly/indirectly connected
Directly connected participantsnapnapnapnavnav
Breakdown of 'directly connected participants' by participant type
Banksnapnapnapnavnav
Central banknapnapnapnavnav
Governmentnapnapnapnavnav
Postal institutionnapnapnapnavnav
Payment systems, central counterparties and securities settlement systemsnapnapnapnavnav
Othernapnapnapnavnav
Indirectly connected participantsnapnapnapnavnav
FedACH
Total number of participants 6napnapnapnavnav
Breakdown of 'total number of participants' by directly/indirectly connected
Directly connected participantsnapnapnapnavnav
Breakdown of 'directly connected participants' by participant type
Banksnapnapnapnavnav
Central banknapnapnapnavnav
Governmentnapnapnapnavnav
Postal institutionnapnapnapnavnav
Payment systems, central counterparties and securities settlement systemsnapnapnapnavnav
Othernapnapnapnavnav
Indirectly connected participantsnapnapnapnavnav
Fast payment systems
Real Time Payments
Total number of participants 7napnapnapnavnav
Breakdown of 'total number of participants' by directly/indirectly connected
Directly connected participantsnapnapnapnavnav
Breakdown of 'directly connected participants' by participant type
Banksnapnapnapnavnav
Central banknapnapnapnavnav
Governmentnapnapnapnavnav
Postal institutionnapnapnapnavnav
Payment systems, central counterparties and securities settlement systemsnapnapnapnavnav
Othernapnapnapnavnav
Indirectly connected participantsnapnapnapnavnav
 1 CHIPS, the Clearing House Interbank Payments System, is operated by The Clearing House Payments Company L.L.C.. 2 Fedwire Funds Service is operated by the Federal Reserve. "Directly connected participants" calculated as the total number of active participants rolled up to the master account level. Until 2016, this time series was reported as "Number of participants". 3 NSS, the National Settlement Service, is operated by the Federal Reserve. "Total number of participants" figures rounded to the nearest 100. Participants in NSS form multilateral settlement arrangements. The number of settlement arrangements was 14 in 2013, 14 in 2014, 14 in 2015, 14 in 2016, and 12 in 2017. 4 The Federal Reserve Check Clearing system is owned and operated by the Federal Reserve 5 The private ACH system is owned and operated by EPN, a subsidiary of The Clearing House. 6 Checks are processed privately by correspondant banks, clearinghouses and processor clearing systems. 7 RTP is a real-time payments system owned and operated by The Clearing House.
Sources: Federal Reserve; The Clearing House Payments Company L.L.C. (TCH).