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CHAPS payments issue restored, says BofE

The Bank of England recently reported a glitch with the CHAPS service which delayed house purchases and other high-value payments. They have confirmed that the third party supplier has restored service and CHAPS payments are settling as normal. Officials stated that the outage affected “some high-value and time-sensitive payments, including some house purchases.” This is the third reported issue with

CHAPS payments issue restored, says BofE

The Bank of England recently reported a glitch with the CHAPS service which delayed house purchases and other high-value payments. They have confirmed that the third party supplier has restored service and CHAPS payments are settling as normal. Officials stated that the outage affected “some high-value and time-sensitive payments, including some house purchases.” This is the third reported issue with

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