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)
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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 December 26, 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 December 26, 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: December 26, 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 December 26, 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/