T7: Participation in major payment systems Source
(units; end of year)
Year
«  2015  »
2011 2012 2013 2014 2015
Large-value payment systems
CHIPS
Total number of participants 1nap52504949
Breakdown of 'total number of participants' by directly/indirectly connected
Directly connected participantsnap52504949
Breakdown of 'directly connected participants' by participant type
Banksnap52504949
Central banknap0000
Governmentnap0000
Postal institutionnap0000
Payment systems, central counterparties and securities settlement systemsnap0000
Othernap0000
Indirectly connected participantsnap0000
Fedwire Funds Service
Total number of participantsnapnavnavnavnav
Breakdown of 'total number of participants' by directly/indirectly connected
Directly connected participants 2nap7,2106,9986,8086,565
Breakdown of 'directly connected participants' by participant type
Banksnapnavnavnavnav
Central banknapnavnavnavnav
Governmentnapnavnavnavnav
Postal institutionnapnavnavnavnav
Payment systems, central counterparties and securities settlement systemsnapnavnavnavnav
Othernapnavnavnavnav
Indirectly connected participantsnapnavnavnavnav
NSS
Total number of participants 3nap1,2001,2001,2001,200
Breakdown of 'total number of participants' by directly/indirectly connected
Directly connected participantsnap1,2001,2001,2001,200
Breakdown of 'directly connected participants' by participant type
Banksnap1,2001,2001,2001,200
Central banknap0000
Governmentnap0000
Postal institutionnap0000
Payment systems, central counterparties and securities settlement systemsnap0000
Othernap0000
Indirectly connected participantsnapnapnapnapnap
Retail payment systems
Cheque clearing: Federal Reserve
Total number of participants 4napnavnavnavnav
Breakdown of 'total number of participants' by directly/indirectly connected
Directly connected participantsnapnavnavnavnav
Breakdown of 'directly connected participants' by participant type
Banksnapnavnavnavnav
Central banknapnavnavnavnav
Governmentnapnavnavnavnav
Postal institutionnapnavnavnavnav
Payment systems, central counterparties and securities settlement systemsnapnavnavnavnav
Othernapnavnavnavnav
Indirectly connected participantsnapnavnavnavnav
Cheque clearing: Private
Total number of participants 4napnavnavnavnav
Breakdown of 'total number of participants' by directly/indirectly connected
Directly connected participantsnapnavnavnavnav
Breakdown of 'directly connected participants' by participant type
Banksnapnavnavnavnav
Central banknapnavnavnavnav
Governmentnapnavnavnavnav
Postal institutionnapnavnavnavnav
Payment systems, central counterparties and securities settlement systemsnapnavnavnavnav
Othernapnavnavnavnav
Indirectly connected participantsnapnavnavnavnav
EPN
Total number of participants 5napnavnavnavnav
Breakdown of 'total number of participants' by directly/indirectly connected
Directly connected participantsnapnavnavnavnav
Breakdown of 'directly connected participants' by participant type
Banksnapnavnavnavnav
Central banknapnavnavnavnav
Governmentnapnavnavnavnav
Postal institutionnapnavnavnavnav
Payment systems, central counterparties and securities settlement systemsnapnavnavnavnav
Othernapnavnavnavnav
Indirectly connected participantsnapnavnavnavnav
FedACH
Total number of participants 6napnavnavnavnav
Breakdown of 'total number of participants' by directly/indirectly connected
Directly connected participantsnapnavnavnavnav
Breakdown of 'directly connected participants' by participant type
Banksnapnavnavnavnav
Central banknapnavnavnavnav
Governmentnapnavnavnavnav
Postal institutionnapnavnavnavnav
Payment systems, central counterparties and securities settlement systemsnapnavnavnavnav
Othernapnavnavnavnav
Indirectly connected participantsnapnavnavnavnav
Fast payment systems
Real Time Payments
Total number of participants 7napnavnavnavnav
Breakdown of 'total number of participants' by directly/indirectly connected
Directly connected participantsnapnavnavnavnav
Breakdown of 'directly connected participants' by participant type
Banksnapnavnavnavnav
Central banknapnavnavnavnav
Governmentnapnavnavnavnav
Postal institutionnapnavnavnavnav
Payment systems, central counterparties and securities settlement systemsnapnavnavnavnav
Othernapnavnavnavnav
Indirectly connected participantsnapnavnavnavnav
 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).