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CHAPS in Accounting Meaning

The CHAPS meaning in Accounting terms is "Clearing House Automated Payment System". There are 1 related meanings of the CHAPS Accounting abbreviation.

CHAPS on Accounting Full Forms

  1. Clearing House Automated Payment System Clearing House Automated Payment System (CHAPS) is a sterling same-day system that is used to settle high-value wholesale payments as well as time-critical, lower-value payments like buying or paying a deposit on a property.

Frequently Asked Questions (FAQ)

  1. What does CHAPS stand for Accounting?

    CHAPS stands for Clearing House Automated Payment System in Accounting terms.

  2. What is the shortened form of Clearing House Automated Payment System in Accounting?

    The short form of "Clearing House Automated Payment System" is CHAPS for Accounting.

Citation

CHAPS in Accounting. Acronym24.com. (2021, September 3). Retrieved November 23, 2024 from https://acronym24.com/chaps-meaning-in-accounting/

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