The share of customers aware of the Current Account Switch Service introduced by Payments Council in the United Kingdom (UK) increased overall until October 2017, when it peaked at 84 percent. However, it decreased with fluctuations after that. As of June 2023, 79 percent of respondents contacted declared that they were aware of the availability of the account switching service.
Share of customers aware of Payment Council's Current Account Switch Service in the United Kingdom (UK) from January 2016 to June 2023
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Bacs. (July 18, 2023). Share of customers aware of Payment Council's Current Account Switch Service in the United Kingdom (UK) from January 2016 to June 2023 [Graph]. In Statista. Retrieved December 30, 2024, from https://www.statista.com/statistics/416738/current-account-switch-service-customer-awareness-levels-uk/
Bacs. "Share of customers aware of Payment Council's Current Account Switch Service in the United Kingdom (UK) from January 2016 to June 2023." Chart. July 18, 2023. Statista. Accessed December 30, 2024. https://www.statista.com/statistics/416738/current-account-switch-service-customer-awareness-levels-uk/
Bacs. (2023). Share of customers aware of Payment Council's Current Account Switch Service in the United Kingdom (UK) from January 2016 to June 2023. Statista. Statista Inc.. Accessed: December 30, 2024. https://www.statista.com/statistics/416738/current-account-switch-service-customer-awareness-levels-uk/
Bacs. "Share of Customers Aware of Payment Council's Current Account Switch Service in The United Kingdom (Uk) from January 2016 to June 2023." Statista, Statista Inc., 18 Jul 2023, https://www.statista.com/statistics/416738/current-account-switch-service-customer-awareness-levels-uk/
Bacs, Share of customers aware of Payment Council's Current Account Switch Service in the United Kingdom (UK) from January 2016 to June 2023 Statista, https://www.statista.com/statistics/416738/current-account-switch-service-customer-awareness-levels-uk/ (last visited December 30, 2024)
Share of customers aware of Payment Council's Current Account Switch Service in the United Kingdom (UK) from January 2016 to June 2023 [Graph], Bacs, July 18, 2023. [Online]. Available: https://www.statista.com/statistics/416738/current-account-switch-service-customer-awareness-levels-uk/
