CHAPS Payments

The CHAPS payment option is used by businesses who need to make urgent payments where funds need to be received the same day. CHAPS payments are made in sterling to accounts domiciled in the UK.


Payments are subject to available funds in your account.

CHAPS payments are available Monday to Friday 8am - 3.30pm (excluding Public Holidays).

You can save CHAPS beneficiary details when making a payment. These details are exclusive to CHAPS payments and can be reused in the future.

For every CHAPS payment made, an HSBC charge will be debited from your account in accordance with the Business Banking Price list. The HSBC charge is displayed on the 'Check payment details page' where you have the option to cancel or amend the payment if you do not wish to continue.

If you choose to make the payment, this HSBC charge will be shown again on the 'Confirmation page' and appear in your Bank statements.

PLEASE NOTE : In most cases if your beneficiary's bank is able to receive faster payments , your payment is less than £100k and you have a sufficient Bill payment limit on your BIB service it will be cheaper to send your urgent payment via the Bill payment system