CHAPS Vision: "To make CHAPS one of the world's leading financial market infrastructure providers; proactively and innovatively safeguarding the UK's High Value Payment System - anticipating and meeting the service needs of its current and future users"

Why CHAPS?

CHAPS is the only UK payment system that guarantees real-time finality, on any value, in 'Central bank money' as each payment instruction settles. 

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CHAPS Turns 30!!!

Launched in 1984, CHAPS, one of the core parts of the UK’s financial infrastructure, marked its 30th anniversary in February 2014. Today, CHAPS consistently delivers payments equivalent to the value of the UK’s GDP every week!

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How to join

CHAPS encourages new participation applications.  Its participation criteria are open and transparent and a fair pricing strategy is operated.

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