Bank of Scotland business banking logo Switch to us graphic
Products and Services image
 
 Current Accounts HOME
 navigation imageBusiness Current Account
 navigation imageTotal Business Account
 navigation imagePayment processing
  navigation imageBacs
  navigation imageCHAPS
  navigation imageFaster Payments
 navigation imageInternational Banking
 navigation imageSwitch to us
 navigation imageInterest rates
 navigation imageImportant information
 navigation imageCharges
 navigation imageTerms and conditions
spacer image 
 

CHAPS - Clearing House Automated Payment Service

 

CHAPS is a fast, secure way of transferring funds. You can use CHAPS to make same-day payments*, allowing sterling funds to be transferred to any bank in the UK.

  • We guarantee same-day payment if your instruction is received before 2.30pm on a Bank Processing day, i.e Monday to Friday 
  • You can fax instructions if you hold a fax indemnity
  • If you want, we will tell the beneficiary once the funds reach their account
  • CHAPS payments cost £25 each if sent manually, £20 if sent over the telephone or £12 if the payment is initiated by you using our Corporate Internet Banking

 

 

Next steps

Email us  to find how your business could benefit from CHAPS

Alternatively, you can call us on 0845 300 0268 24 hours a day, 7 days a week

* Monday - Friday only

 

 

In touch graphic