Clearing House Automated Payment System: Difference between revisions
From ACT Wiki
Jump to navigationJump to search
imported>Doug Williamson (Add link.) |
imported>Doug Williamson (Add links.) |
||
| Line 6: | Line 6: | ||
It uses the [[MIRS]] settlement system back-up system offered by [[SWIFT]] as its offshore, distributed processing back-up. | It uses the [[MIRS]] settlement system back-up system offered by [[SWIFT]] as its offshore, distributed processing back-up. | ||
As a result of its migration to a new platform, it was for a while also called NewCHAPS. | As a result of its migration to a new platform, it was for a while also called NewCHAPS. | ||
| Line 17: | Line 18: | ||
* [[Fedwire]] | * [[Fedwire]] | ||
* [[Infrastructure]] | * [[Infrastructure]] | ||
* [[Migration]] | |||
* [[NewCHAPS]] | * [[NewCHAPS]] | ||
* [[Platform]] | |||
* [[Real-time gross settlement system]] (RTGS) | * [[Real-time gross settlement system]] (RTGS) | ||
* [[Payments and payment systems]] | * [[Payments and payment systems]] | ||
Revision as of 16:07, 9 July 2022
Funds transfer - infrastructure.
(CHAPS).
A UK-based payment system for high-value, sterling real time gross settlement of transactions (RTGS) operated by the Bank of England through a subsidiary. It also offered euro payments but this service was discontinued in 2008.
It uses the MIRS settlement system back-up system offered by SWIFT as its offshore, distributed processing back-up.
As a result of its migration to a new platform, it was for a while also called NewCHAPS.
