CHAPS
Contents
Paying by CHAPS
The CHAPS system enables you to tell your bank to make an immediate payment. You know for certain that payment will reach us on the day the bank makes the payment.
CHAPS payments are significantly more expensive than other payment methods but maybe of benefit to scheme administrators making very large payments. We receive sameday value so long as you initiate payment within the time specified by your bank (usually between 9.00am and 3.00pm).
Bank Account Details
When using these electronic systems you will need to provide your bank or building society with our bank account details. These are
Accounts Office |
Sort Code |
Account Number |
Account Name |
|---|---|---|---|
Shipley |
10 50 41 |
23456000 |
AO Shipley |
Reference Number
When your return has been successfully processed, Audit and Pension Scheme Services will acknowledge receipt and provide you with a payment reference number. When making payment it is essential that you use the reference number provided to ensure that your payment can be allocated promptly to your record. The payment reference number will be in the format XAR12345678912.
You should ensure that Audit and Pension Scheme Services receives your return in sufficient time to issue you with your reference before your payment is due. We recommend that you file and pay online. If you do so then you will be provided with your payment reference number at the time that you file. If you are filing by post, you will need to allow extra time so that we can let you know what your payment reference number is.
