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CHAPs processing times

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chokolat2
chokolat2 Posts: 438 Forumite
in Budgeting & bank accounts
Hi everyone..I know that CHAPs payments are same day provided that the information is submitted by 2pm/2:30pm/3pm (depending on bank) but if for example a payment was made at 10am this morning... how long does it take to reach the recipient ? Is it still by 5pm? Or it should go through a few hours after payment was made?
Thanks

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  • agrinnall
    agrinnall Posts: 23,344 Forumite
    10,000 Posts Combo Breaker
    There's no set timeframe for it to complete, usually it would be in a few hours, but as long as it's done by the end of the business day they have met their commitment.
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