BIS Statistics Explorer: Table T7

> CPMI > Table T7 ÷ T6 « » T8 Structure Help

T7: Participation in major payment systems ^Source

(units; end of year)

«United States»	Year
« ‹ 2017 › »	2013	2014	2015	2016	2017
	2013	2014	2015	2016	2017
Large-value payment systems
CHIPS
Total number of participants ¹	50	49	49	48	47
Breakdown of 'total number of participants' by directly/indirectly connected
Directly connected participants	50	49	49	48	47
Breakdown of 'directly connected participants' by participant type
Banks	50	49	49	48	47
Central bank	0	0	0	0	0
Government	0	0	0	0	0
Postal institution	0	0	0	0	0
Payment systems, central counterparties and securities settlement systems	0	0	0	0	0
Other	0	0	0	0	0
Indirectly connected participants	0	0	0	0	0
Fedwire Funds Service
Total number of participants	nav	nav	nav	nav	nav
Breakdown of 'total number of participants' by directly/indirectly connected
Directly connected participants ²	6,998	6,808	6,565	6,328	6,130
Breakdown of 'directly connected participants' by participant type
Banks	nav	nav	nav	nav	nav
Central bank	nav	nav	nav	nav	nav
Government	nav	nav	nav	nav	nav
Postal institution	nav	nav	nav	nav	nav
Payment systems, central counterparties and securities settlement systems	nav	nav	nav	nav	nav
Other	nav	nav	nav	nav	nav
Indirectly connected participants	nav	nav	nav	nav	nav
NSS
Total number of participants ³	1,200	1,200	1,200	1,200	1,100
Breakdown of 'total number of participants' by directly/indirectly connected
Directly connected participants	1,200	1,200	1,200	1,200	1,100
Breakdown of 'directly connected participants' by participant type
Banks	1,200	1,200	1,200	1,200	1,100
Central bank	0	0	0	0	0
Government	0	0	0	0	0
Postal institution	0	0	0	0	0
Payment systems, central counterparties and securities settlement systems	0	0	0	0	0
Other	0	0	0	0	0
Indirectly connected participants	nap	nap	nap	nap	nap
Retail payment systems
Cheque clearing: Federal Reserve
Total number of participants ⁴	nav	nav	nav	nav	nav
Breakdown of 'total number of participants' by directly/indirectly connected
Directly connected participants	nav	nav	nav	nav	nav
Breakdown of 'directly connected participants' by participant type
Banks	nav	nav	nav	nav	nav
Central bank	nav	nav	nav	nav	nav
Government	nav	nav	nav	nav	nav
Postal institution	nav	nav	nav	nav	nav
Payment systems, central counterparties and securities settlement systems	nav	nav	nav	nav	nav
Other	nav	nav	nav	nav	nav
Indirectly connected participants	nav	nav	nav	nav	nav
Cheque clearing: Private
Total number of participants ⁴	nav	nav	nav	nav	nav
Breakdown of 'total number of participants' by directly/indirectly connected
Directly connected participants	nav	nav	nav	nav	nav
Breakdown of 'directly connected participants' by participant type
Banks	nav	nav	nav	nav	nav
Central bank	nav	nav	nav	nav	nav
Government	nav	nav	nav	nav	nav
Postal institution	nav	nav	nav	nav	nav
Payment systems, central counterparties and securities settlement systems	nav	nav	nav	nav	nav
Other	nav	nav	nav	nav	nav
Indirectly connected participants	nav	nav	nav	nav	nav
EPN
Total number of participants ⁵	nav	nav	nav	nav	nav
Breakdown of 'total number of participants' by directly/indirectly connected
Directly connected participants	nav	nav	nav	nav	nav
Breakdown of 'directly connected participants' by participant type
Banks	nav	nav	nav	nav	nav
Central bank	nav	nav	nav	nav	nav
Government	nav	nav	nav	nav	nav
Postal institution	nav	nav	nav	nav	nav
Payment systems, central counterparties and securities settlement systems	nav	nav	nav	nav	nav
Other	nav	nav	nav	nav	nav
Indirectly connected participants	nav	nav	nav	nav	nav
FedACH
Total number of participants ⁶	nav	nav	nav	nav	nav
Breakdown of 'total number of participants' by directly/indirectly connected
Directly connected participants	nav	nav	nav	nav	nav
Breakdown of 'directly connected participants' by participant type
Banks	nav	nav	nav	nav	nav
Central bank	nav	nav	nav	nav	nav
Government	nav	nav	nav	nav	nav
Postal institution	nav	nav	nav	nav	nav
Payment systems, central counterparties and securities settlement systems	nav	nav	nav	nav	nav
Other	nav	nav	nav	nav	nav
Indirectly connected participants	nav	nav	nav	nav	nav
Fast payment systems
Real Time Payments
Total number of participants ⁷	nav	nav	nav	nav	nav
Breakdown of 'total number of participants' by directly/indirectly connected
Directly connected participants	nav	nav	nav	nav	nav
Breakdown of 'directly connected participants' by participant type
Banks	nav	nav	nav	nav	nav
Central bank	nav	nav	nav	nav	nav
Government	nav	nav	nav	nav	nav
Postal institution	nav	nav	nav	nav	nav
Payment systems, central counterparties and securities settlement systems	nav	nav	nav	nav	nav
Other	nav	nav	nav	nav	nav
Indirectly connected participants	nav	nav	nav	nav	nav

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).