CHAPS payments are a way of sending us large amounts of money that clear on the same day as they are sent. They are the best way to send us money, for example a house completion. Your bank can arrange this for you, although may charge you a fee.
Please
contact us if you are intending to send us money this way as we will need to advise you of our bank details. If possible ask the bank to quote "Our reference" in the "Message to Beneficiary"
BACS payments work in the same way but take 3 working days before they are credited to our account, again your bank can arrange this but may charge a fee. Please
contact us if you are going to send money in this way and ask the bank to quote "Our reference".