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February 24, 2026
On the web
Bank of England: Extending RTGS and CHAPS Settlement Hours – Early Morning Extension
Bank of England
"The policy statement (PS) sets out a decision to extend CHAPS settlement hours by moving the start of settlement from 06:00 to 01:30. The intention is to put this early morning extension (EME) in place in September 2027, subject to final confirmation of the planned timelines with impacted CHAPS direct participants. This decision follows our July 2025 consultation paper (CP) on extending settlement hours, to which this statement serves as a formal response."
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