CHAPS Facts and Figures

CHAPS one of the largest real-time gross settlement systems (RTGS) in the world, offering an efficient, risk-free and reliable same-day payment mechanism for their sterling RTGS payment requirements.

The volume and value input for 2008 and 2009 were as follows:

 

	Volume (000s)		Value (£million)
	2008	2009	2008	2009
CHAPS Sterling	34,606	31,926	73,625,908	64,616,956
Chaps Euro	1.191	Closed	9,391,202	Closed
broken down:
Domestic Payments	220		574,610
Cross Border transmitted	379		4,413,570
Cross Border Received	593		4,403,022

Prior to June 2008 data for CHAPS volumes and values included CHAPS €uro, which ceased operations on 16 May 2008.