Business terms and jargon
explained. Your business dictionary
What is CHAPSCHAPS Clearing Company Ltd runs payment schemes and provides central infrastructure for same-day payment services primarily for high value transactions. It processes RTGS payments in both Sterling and in Euros. CHAPS currently has 22 direct members of which 14 are members of CHAPS Sterling and 20 are members of CHAPS Euro.
© Crown Copyright. Material taken from HM-Treasury. Reproduced under the terms and conditions of the Click-Use Licence.
<- Go Back
Business Terms Home page
Search jargon and terms database to learn more:-
A B C D E F G H I J K L M N O P Q R S T U V W X Y Z
Term created / updated 2007-04-05 18:04:07
Knowledge is the key to success. That is why we have gone to great lengths to get you these business terms, and to explain them in Plain English so it is very easy to understand. Getting the right understanding and knowing your business jargon will keep you informed among your peers.
Copyright © 2004-2018 Scopulus Limited. All rights reserved.