The GhIPSS Bulk Payments Service provides secure and efficient bulk payment solutions through the GhIPSS Clearing House Platform, enabling the electronic processing, clearing, and settlement of high-volume payment transactions for participating financial institutions.

GhIPSS’ Bulk Payment Services leverage the APTRA Clear infrastructure for the processing, clearing, and settlement of cheque and Automated Clearing House (ACH) transactions.

The Bulk Payment Services include:

• Cheque Codeline Clearing with Cheque Truncation (CCC)
• Automated Clearing House Direct Credit (ACH DC)
• Automated Clearing House Direct Debit (ACH DD)

Participation in the Clearing House

Participation in the clearing system is open to the following institutions:

• Licensed Commercial Bank
• Rural & Community Bank (Through Apex Bank)
• Savings & Loans (Through sponsoring Commercial Bank)

Onboarding Financial Institutions

• The entity must be licensed as a bank by the BOG, issued a settlement account and sort codes
• The bank then writes to GhIPSS requesting to be setup on the Clearing House platform.
• GhIPSS writes to the bank advising them about the joining fee and technical requirements
• Once technical requirements are met and the joining fees paid, the bank joins the financial network through a Comsys provided link.
• The bank then acquires the necessary hard and software devices to enable them to access the financial network.
• Network testing and file exchange is undertaken between GhIPSS and the bank until the bank is certified on the platform

For further information about the Clearing House, kindly contact the Bulk Payments Department at GhIPSS via email chbu.support@ghipss.com or visit our website: www.ghipss.com