The Bank of England said on Thursday that a ‘global payments issue’ was affecting the interbank payments service CHAPS, delaying some high-value and time-sensitive payments including some house purchases.
The Bank said in a statement: ‘We are mindful of the impact this is likely to have and are working closely with a third-party supplier, industry and other authorities to resolve the issue as promptly as possible.’
Retail payment systems and cash machines were unaffected, the Bank added.
Problems: The Bank of England said on Thursday that a ‘global payments issue’ was affecting the interbank payments service CHAPS
The CHAPS system, which is operated by the Bank, has suffered technical problems before, including in August last year and in 2014 when the Real-Time Gross Settlement system, which underpins CHAPS, did not work normally for several hours.
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