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News Shopper on MSNWhat is a CHAPS payment and who uses them? Bank of England explainsIt’s through a CHAPS payment. The system processes around £350 billion a day and is how banks transfer large sums of money to ...
as the operator of another payment system called Chaps, has carefully considered the feedback made in relation to Chaps as part of the same consultation. The PSR said the Bank has decided that the ...
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