Celebrating 25 Years of RTGS in the UK
Issue 117 | 22 April 2021
On this day in 1996 Real Time Gross Settlement in CHAPS went live - join me and raise a glass to celebrate 25 years of RTGS in the UK.
In this edition of Payments:Unpacked we take a look at the CHAPS payment system UK’s Real Time Gross Settlement (RTGS) system operated by the Bank of England.
What is CHAPS?
The Bank of England describe CHAPS as:
CHAPS is a…
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