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BoE consultation - Extending RTGS and CHAPS settlement hours – next steps towards near 24x7 settlement
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BoE consultation - Extending RTGS and CHAPS settlement hours – next steps towards near 24x7 settlement
On 18 May 2026, the Bank of England (BoE) published a consultation paper, Extending RTGS and CHAPS settlement hours – next steps towards near 24×7 settlement.BackgroundThe BoE has publicly stated its ambition to move towards near 24×7 RTGS and CHAPS settlement around the turn of the decade, following a phased approach. Currently CHAPS operates 12 hours from 06:00 – 18:00 (Monday – Friday). In February 2026, the BoE announced that it will open CH…
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