Indirect participants are responsible for 45 per cent of the total value of payments made in the UK's high-value payment system, the Clearing House Automated Payment System (Chaps).
What does CHAPS stand for?
CHAPS stands for Clearing House Automated Payment System
This definition appears frequently and is found in the following Acronym Finder categories:
- Business, finance, etc.
See other definitions of CHAPS
Other Resources:
We have 40 other meanings of CHAPS in our Acronym Attic
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