Examples of CHAPS in a sentence
Further, all Payment services, including APM, SEPA, Target2, FPS, BACs, CHAPS and SWIFT transactions must comply with UK’s Wire Transfer Regulations and/or EC Regulation 2015/847.
From the Tide Platform or by using your Tide Card, you may instruct a payment order using one of the payment methods made available from time to time including Faster Payments, BACS (inbound direct credits and direct debits paid out) and CHAPS (inbound payments) (“Payment Order”) and outbound SEPA payments.
Where ISXMoney has approved Direct Retail Access, ISXMoney will also facilitate payments from and to natural persons including by CHAPS, BACS, FPS, APM, SEPA, OCT and/or SWIFT.
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.