Industry wide CHAPS payments issues - Thursday 18th July 2024

We can confirm that outbound CHAPS payments are now being processed as normal and we are receiving Inbound CHAPS payments from scheme participants.

NWG began to receive inbound payments and were able to process both held and newly submitted outbound payments since c15:15 today. All outbound payment backlogs have now cleared and newly submitted payments are processing as normal.

We await formal confirmation from scheme that recovery actions have been completed and all participant Banks have returned to normal.

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