This statistic illustrates the total annual volume of direct credit payments through Bacs in the United Kingdom (UK) from 2007 to 2019. It can be seen that the number of direct credit payments through Bacs decreased during this period, to a total of approximately 2.03 billion payments as of 2019. The number of inter-bank and inter-branch direct credit transactions fell by almost 54 million between 2018 and 2019. Despite this, the total value of direct credit transfers through via Bacs increased between 2007 and 2019.
Volume of direct credit payments through the Bacs system in the United Kingdom (UK) from 2007 to 2019
(in millions)
Profit from the additional features of your individual account
Currently, you are using a shared account. To use individual functions (e.g., mark statistics as favourites, set
statistic alerts) please log in with your personal account.
If you are an admin, please authenticate by logging in again.
Learn more about how Statista can support your business.
Cheque and Credit Clearing Company. (February 13, 2020). Volume of direct credit payments through the Bacs system in the United Kingdom (UK) from 2007 to 2019 (in millions) [Graph]. In Statista. Retrieved November 24, 2024, from https://www.statista.com/statistics/294582/bacs-volume-of-direct-credits-in-the-united-kingdom/
Cheque and Credit Clearing Company. "Volume of direct credit payments through the Bacs system in the United Kingdom (UK) from 2007 to 2019 (in millions)." Chart. February 13, 2020. Statista. Accessed November 24, 2024. https://www.statista.com/statistics/294582/bacs-volume-of-direct-credits-in-the-united-kingdom/
Cheque and Credit Clearing Company. (2020). Volume of direct credit payments through the Bacs system in the United Kingdom (UK) from 2007 to 2019 (in millions). Statista. Statista Inc.. Accessed: November 24, 2024. https://www.statista.com/statistics/294582/bacs-volume-of-direct-credits-in-the-united-kingdom/
Cheque and Credit Clearing Company. "Volume of Direct Credit Payments through The Bacs System in The United Kingdom (Uk) from 2007 to 2019 (in Millions)." Statista, Statista Inc., 13 Feb 2020, https://www.statista.com/statistics/294582/bacs-volume-of-direct-credits-in-the-united-kingdom/
Cheque and Credit Clearing Company, Volume of direct credit payments through the Bacs system in the United Kingdom (UK) from 2007 to 2019 (in millions) Statista, https://www.statista.com/statistics/294582/bacs-volume-of-direct-credits-in-the-united-kingdom/ (last visited November 24, 2024)
Volume of direct credit payments through the Bacs system in the United Kingdom (UK) from 2007 to 2019 (in millions) [Graph], Cheque and Credit Clearing Company, February 13, 2020. [Online]. Available: https://www.statista.com/statistics/294582/bacs-volume-of-direct-credits-in-the-united-kingdom/