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CHAPS euro clearing system to be switched off today
... The system began operation in January 1999, and used the same settlement mechanisms as its sister service Chaps Sterling to provide a same-day domestic euro service as part of Target (the network of inter-linked national euro systems... http://www.computerweekly.com/Articles/2008/05/16/230711/chaps-euro-clearing-system-to-be-switched-off-today.htm
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All ResultsNews and blogs from the web - CHAPS STERLING

On track for faster payments | Banking Technology magazine
...will hand over day-to-day operations and management of the service to CHAPS Clearing Company, which operates the CHAPS sterling high-value same-day payment system. Following the initial launch of the central infrastructure, work is... http://www.bankingtech.com/bankingtech/article.do?articleid=20001667941
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BICPlusIBAN Directory - Technical Specifications
...accepts BACS payments A Office of an agency bank that accepts BACS payments N Does not accept BACS payments 2 CHAPS Sterling D Direct Office [that is, CUG member] of a CHAPS GBP Member that accepts CHAPS GBP payments I Indirect Office... http://jira.iona.com/secure/attachment/14677/TECH_SPEC_BI.pdf
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