UKPayment Rail
CHAPS
United Kingdom Payment Rail
UK's same-day high-value GBP payment system. Used for large contractor payments above Faster Payments limits.
CHAPS Key Facts
UK Rail · Bitwage
Settlement Speed
Same-dayTypical Fees
£0–35Countries
United Kingdom
CHAPS Technical Specifications
How Bitwage Uses CHAPS
CHAPS vs SWIFT
Full stablecoin vs SWIFT comparisonCHAPS FAQ
Common questions about United Kingdom Payment Rail and how Bitwage uses it.
Pay via CHAPS — Automatically
Bitwage routes payments through CHAPSwhen it's the optimal rail for your recipients. No configuration required.