How do CHAPS payments work? Payments sent via the CHAPS system are guaranteed to arrive on the same day. In order for this to happen the money needs to be sent before a cut-off time which is usually around 3.30pm if made by phone or in a bank branch, or before 5pm if made online.

Do CHAPS payments clear immediately?

Most of the time, CHAPS payments are made instantly, but in all cases, payment will be made on the same working day.

How long does it take for a CHAPS payment to go through?

CHAPS payments can only be processed on working days. If a CHAPS payment is instructed in a branch before 3pm, it should arrive by 5.30pm the same day. If a CHAPS payment is instructed after 3pm on a working day, it should arrive by 5.30pm the next working day.