Does anybody believe this will actually happen?

[Miss Deviant]

This is how CHAPS works:

It is worth noting that funds can be sent 6am and at the latest 6pm. Generally speaking; to be wired same day, they need to be sent by 4pm.

1.) AW asked payment process to make payment.
2.) Payment Processor sends funds to first bank.
3.) If bank refuses, funds are sent back to processor. If not refused, bank sends funds to central processing centre in US.
4.) Funds then sent to to the inter-bank payment and settlement system at Bank of England.
5.) Funds sent to processing centre of recipients bank.
6.) Funds leave processing centre and land in recipients account.

This is why it takes time and why you can see if funds had been rejected; they wouldn't appear in accounts.