Clearing House Automated Payments System (CHAPS)

Filed Under: c by
Clearing House Automated Payments System (CHAPS)
Sterling funds clearing system that includes 14 banks as members with 450 participating banks. It is a clearing company within the purview of the Association for Payment Clearing Services (APACS) and was established in 1984.

Recommended for you:

  1. Automated Clearing House (ACH)
  2. Clearing House Interbank Payments System (CHIPS)
  3. New York Clearing House Association
  4. Clearing Member
Home / Glossary / c / Clearing House Automated Payments System (CHAPS)