Bacs: Total volume of payments in the United Kingdom (UK) 2007-2019

Published by Statista Research Department, Jun 13, 2023
This statistic illustrates the total annual volume of payments through Bacs in the United Kingdom (UK) from 2007 to 2019. It can be seen that the number of payments through Bacs increased during this period, to a total of more than 6.5 billion payments as of 2019.

Annual volume of payments through the Bacs system in the United Kingdom (UK) from 2007 to 2019 (in millions)

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Release date

February 2020

Region

United Kingdom

Survey time period

2007 to 2019

Supplementary notes

Bacs: also known as Bacs Payment Schemes Limited or Bankers' Automated Clearing Services.
Figures have been rounded.

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