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◆ClearingPost

CHATS

RTGS

Clearing House Automated Transfer System - Hong Kong's multi-currency RTGS for HKD, USD, EUR, and RMB. Operated by HKICL. HKD CHATS since 1996, USD CHATS 2000, EUR CHATS 2003, RMB CHATS 2006. The RMB CHATS settlement bank is Bank of China (Hong Kong).

NowHours: computing from the published schedule…Service condition: not monitored details

ClearingPost does not assess whether CHATS is running normally.

Next

Dated items ClearingPost holds, each with its source and whether the date is confirmed

No supported upcoming items in ClearingPost's records for CHATS.

ClearingPost holds sourced upcoming items for 10 of 150 systems; an empty list is a statement about ClearingPost's records, not about a system's plans.

Changed

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Material, sourced changes ClearingPost recorded; corrections to its own record are labelled as such

Sources ClearingPost reads HKICL · Authoritative (T1) · 9 of 13 fields carry a source and a recorded date · latest sourced entry recorded 22 Sep 2026 · evidence details ↓

Record · CHATS

Country
Hong Kong (HK)
Currency
Hong Kong Dollar (HKD)
Operator
HKMA / HKICL
Type
RTGS
Operating Window
00:00–11:00 UTC · Mon–Fri
Year Established
1996
Tier?
Tier 1
ISO 20022?
Migrated
Region
Asia-Pacific
Settlement Type?
Gross
Participants
~165 settlement institutions (2025)
Avg Daily Transactions
~39,000 HKD CHATS RTGS transactions per operating day (2025)
Avg Daily Value
HK$1,441B/day (2025, HKD CHATS RTGS transactions)
Notes

CHATS handles large-value interbank settlement. For retail instant payments, see Hong Kong FPS (separate entry). CHATS has cross-border links with CNAPS (Shenzhen/Guangdong) for HKD and USD. RMB CHATS connects to mainland via BOCHK as clearing bank. SZFSS (Shenzhen Financial Settlement System) is the regional link between HK and mainland for cross-border RMB.

HKMA / HKICL official website →
Reference Sources
HKICL
Authoritative (T1)Entry recorded Mar 12, 2026
Status →Statistics →Participants →
See all RTGS systems →See all systems in Hong Kong →ISO 20022 migration status →Payment rails by country →
Other systems in the same country or region
BOJ-NETRTGS
Japan · JPY · Bank of Japan
ZenginACH
Japan · JPY · Zengin-Net (JBA)
HVPS (CNAPS)RTGS
China · CNY · CNCC (China National Clearing Center) / PBoC
CIPSHybrid
China · CNY · CIPS Co.
BEPS (CNAPS)ACH
China · CNY · CNCC (China National Clearing Center) / PBoC
IBPSFPS
China · CNY · CNCC (China National Clearing Center) / PBoC

Operations · CHATS

Operational monitoring: not configured. ClearingPost does not monitor operational sources for this system and does not assess its current service condition.

Operations lists the systems ClearingPost monitors and the operational events it has recorded.

Intelligence for CHATS (1)

Coverage whose headline or summary names CHATS, or names its operator or country together with its system type. Each item quotes that evidence and says whether the source is the CHATS operator or external.

GuideMar 13, 2026Headline names “CHATS”
Hong Kong's Payment Infrastructure: A Practitioner's Guide to CHATS, ECG, and FPS
Hong Kong operates a multi-currency RTGS system, a batch electronic clearing service, and a real-time retail payment platform - all managed through a unique public-private partnership between the HKMA and the banking industry. This guide covers how the three layers work together.
External source · HKMA