Bacs: annual value of payments in the United Kingdom (UK) 2007-2019

Published by Statista Research Department, Jun 13, 2023
This statistic illustrates the total annual value of payments through Bacs in the United Kingdom (UK) from 2007 to 2018. It can be seen that the value of payments through Bacs, which include both direct credit and debit transactions increased during this period, to a total of approximately 5.06 trillion British pounds in 2019.

Annual value of payments through the Bacs system in the United Kingdom (UK) from 2007 to 2019 (in billion GBP)

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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.
Includes direct credits and direct debits.

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