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An Entity of Type : prov:Entity, within Data Space : webisadb.webdatacommons.org associated with source dataset(s)

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  • Banks themselves use CHAPS to move money around the financial system, but it is also used regularly: for business-to-business payments; by solicitors/licensed conveyancers to transfer the purchase price of a house between the bank accounts of those involved; by individuals buying or selling a high-value item, such as a car, who need a secure, urgent, same-day guaranteed payment.
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