Examples of CHAPS in a sentence

All payments shall be made by direct debit mandate or standing order mandate, CHAPS transfer, BACS transfer or other electronic or telegraphic transfer to a London clearing bank or such other financial institution as may be approved by the party entitled to the payment, such approval not to be unreasonably withheld or delayed.
For UK Payments in excess of £10,000 we recommend the use of CHAPS.
Details of the fees we charge for CHAPS payments, EEA Payments and International Payments are set out in the Key Facts Document.
Payment Type Amount Interim Indexation Final Indexation Total Payable to Example Education (primary) X £ Y £ Z £ X+Y £ Herts County Council Payment of S106 contributions can be made by BACS, CHAPS or cheque.
However as a guide the Supplier requests all Capex/Goods charges to be made payable immediately via BACS, CHAPS or cheque and any Opex/Services to be paid in advance either quarterly or annually via Direct Debit only upon the Supplier issuing a valid invoice to the Customer.

More Definitions of CHAPS

CHAPS means the Clearing House Automated Payment System;

CHAPS means the Clearing House Automated Payments system for processing same day sterling payments within the UK.

CHAPS means the UK payment system referred to by that name and provided by Chaps Clearing Company Limited;

CHAPS means Clearing House Automated Payments System, a bank-to-bank technology which enables same-day payments to be made within the UK, provided the payment instruction is received by the sending bank or organisation before a certain time. Contactless means a payment feature that provides Cardholders with a way to pay by tapping the Card on a point- of-sale terminal reader, for Card Transactions of up to £30 (as amended from time to time).