CHAPS

In the fast-moving business world, your organisation must be able to make and receive fast and efficient payments. Clearing House Automated Payment System (CHAPS) is an electronic bank-to-bank technology that enables same-day payments to be made within the UK, provided the instruction is received before 4.25pm.

Features and benefits

  • Fast, reliable and secure method of guaranteeing same business day payment of cleared funds in the UK.
  • Payment is made from one account to another on the same business day.
  • Funds are cleared on day of receipt.
  • Payments can be made for any amount, so there's no need to worry about cheque guarantee limits.
  • Money is received on the same business day, and can therefore be drawn against immediately.

Payments can be made in Sterling only. They are unconditional, and once made, cannot be recalled.

CHAPS payment via Corporate Online or LloydsLink Online - 5.25pm In branch – 4.25pm.

On the phone

We are available Monday to Friday, 7:00am – 8:00pm; Saturday, 9.00am – 2.00pm.

0345 072 5555

How to apply

On the phone

We are available Monday to Friday, 7:00am – 8:00pm; Saturday, 9.00am – 2.00pm.

0345 072 5555

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