Check the directory. Contact Us. Find more help here. Bank accounts Current accounts All current accounts help Opening an account Switching Statements and balances Features Store and Packs Business accounts All business accounts help Starting a business Opening Premier accounts Students and graduates International accounts. Most of the time, CHAPS payments are made instantly, but in all cases, payment will be made on the same working day. Find out how GoCardless can help you with ad hoc payments or recurring payments.
GoCardless is used by over 60, businesses around the world. Learn more about how you can improve payment processing at your business today. Learn more Sign Up. Experts answer businesses questions on what's next for the future of payments.
Contact sales. Skip to content Open site navigation sidebar. Why GoCardless? Indirect participants access the CHAPS system through one of the Direct Participants based on a commercial and contractual arrangement. The Direct Participant makes and receives payments on behalf of indirect participants and other customers including business and individuals.
This is a small focused group to discuss, and provide feedback and advice on, the strategic direction of CHAPS with the Bank. The members are drawn from banks, other financial institutions, payment service providers and end-users. However, membership is in an individual capacity, not as a direct representative of their respective organisations. While the Strategic Advisory Forum has a vital role to play, we appreciate there is a large and diverse population of stakeholders with different interests.
Some communication will come directly from us. Communication will include two-way engagement for us to seek views from, and respond to, users. In some instances, we will engage through other organisations, such as trade associations, to effectively reach a wider population. View the Board documents. Please contact them on or by email inform camis.
For enquiries about CHAPS statistics: please contact the Bank of England press office on or by email press bankofengland. Would you like to give more detail? Press Spacebar or Enter to select.
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Analytics cookies We use analytics cookies so we can keep track of the number of visitors to various parts of the site and understand how our website is used. Skip to main content. CHAPS CHAPS is a sterling same-day system that is used to settle high-value wholesale payments as well as time-critical, lower-value payments like buying or paying a deposit on a property.
An organisation must: Hold an account at the Bank which may be used to settle payment obligations. Move your money easily. Frequently Asked Questions. Jump to Are all payments sent by Faster Payments Service? Jump to What about regular payments I receive from other people, will they be faster? Jump to How long does it take to transfer money between my accounts? Jump to How is my payment processed? Jump to What if I have made a payment to the wrong account? Jump to What should I do next?
Jump to What do the Payment Services Regulations mean to me?
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