Domestic Payment Systems in the UK

Domestic Payment Systems in the UK

Ritu Sehgal

20 years: Corporate banking

The first video on this series is an overview of Domestic Payments. In this video, Ritu provides us an understanding of the most common domestic payment  systems i.e, BACS, CHAPS & a system called ‘Faster Payments'.

The first video on this series is an overview of Domestic Payments. In this video, Ritu provides us an understanding of the most common domestic payment  systems i.e, BACS, CHAPS & a system called ‘Faster Payments'.

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Domestic Payment Systems in the UK

4 mins 39 secs

Overview

Ever wondered what happens when money is sent electronically by one person in the UK to another person in the UK? This video provides an overview of UK Domestic payment schemes.

Key learning objectives:

  • What are the common domestic payment systems in the UK?

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Summary
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Expert
Ritu Sehgal

Ritu Sehgal

With a career spanning over 20 years, Ritu has worked in several different areas of banking with some of the largest Global Banks in both Asia and the UK. In her most recent role Ritu managed the Payments sales business for Lloyds Banking Group Corporate and Institutional clients.

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