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CHAPS Same Day Transfer Bank copy Branch/BPB name and telephone number (for office use only) Fields marked (M) are mandatory and must be completed. PTO2 Payment type 1 0 0 Applicants branch sort code
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Chaps - same day is a same-day payment system in the UK that allows for immediate bank transfers.
Financial institutions and businesses that need to make same-day payments are required to use the chaps - same day system.
Chaps - same day can be filled out electronically through participating banks or financial institutions.
The purpose of chaps - same day is to enable quick and secure same-day payments between financial institutions and businesses.
Information such as the amount to be transferred, recipient's bank details, and sender's information must be reported on chaps - same day.
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