International CHAPS
International CHAPS
Author
Discussion

Plotloss

Original Poster:

67,280 posts

301 months

Monday 20th October 2008
quotequote all
Can CHAPS payments be made internationally?

If not, are there any international alternatives?

richardxjr

7,561 posts

241 months

Monday 20th October 2008
quotequote all
Yes, in branch, same day (LTSB) 12:00 cut off I think.

£25 IIRC

m4tt

591 posts

229 months

Monday 20th October 2008
quotequote all
Never come across a same day International payment. Usually is between 2-5 days depending on how the recipient country's financial system is. Some smaller countries the payments literally get taken on the back of a camel!

giusto

235 posts

226 months

Monday 20th October 2008
quotequote all
I believe SWIFT Transfers are the international ones, and whilst some banks say 2-5 days, they can be done same day if you do them early enough and/or pay a premium to ensure it.

The actual SWIFT transaction is instant, done at a special Swift computer terminal, its just whether the sender and receiver banks want to use your money for a day or two first and right now they probably need to!