CHAPS definition
CHAPS means same day electronic transfer of funds payments in GBP in the UK made through the Clearing House Automated Payment System (CHAPS).
CHAPS means clearing houses automated payment systems;
CHAPS means the Clearing House Automated Payment System initiative within the UK.
Examples of CHAPS in a sentence
Payment shall be made by the Client to Sky by BACS or CHAPS and must be received by Sky as cleared funds by the thirtieth day of the appropriate month.
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 the clearing houses automated payment system or any other method of electronic transfer for same-day value;
CHAPS means Clearing House Automated Payment System.
CHAPS stands for Clearing House Automated Payment System. It's an automated payment system we use to make payments on the same day in the UK, in sterling.