The number of customers who switched their current bank account provider in the United Kingdom (UK) reached a total of approximately 60,000 as of September 2024. This figure was below the average switching activity observed during the covered period. Notably, the number of monthly account switches decreased in 2024 compared to 2023, with May and September seeing the lowest switching volumes.
Number of customers switching their current bank account providers in the United Kingdom (UK) from January 2016 to September 2024
(in 1,000s)
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Pay.UK. (October 29, 2024). Number of customers switching their current bank account providers in the United Kingdom (UK) from January 2016 to September 2024 (in 1,000s) [Graph]. In Statista. Retrieved December 21, 2024, from https://www.statista.com/statistics/417397/number-of-switching-current-bank-accounts-uk/
Pay.UK. "Number of customers switching their current bank account providers in the United Kingdom (UK) from January 2016 to September 2024 (in 1,000s)." Chart. October 29, 2024. Statista. Accessed December 21, 2024. https://www.statista.com/statistics/417397/number-of-switching-current-bank-accounts-uk/
Pay.UK. (2024). Number of customers switching their current bank account providers in the United Kingdom (UK) from January 2016 to September 2024 (in 1,000s). Statista. Statista Inc.. Accessed: December 21, 2024. https://www.statista.com/statistics/417397/number-of-switching-current-bank-accounts-uk/
Pay.UK. "Number of Customers Switching Their Current Bank Account Providers in The United Kingdom (Uk) from January 2016 to September 2024 (in 1,000s)." Statista, Statista Inc., 29 Oct 2024, https://www.statista.com/statistics/417397/number-of-switching-current-bank-accounts-uk/
Pay.UK, Number of customers switching their current bank account providers in the United Kingdom (UK) from January 2016 to September 2024 (in 1,000s) Statista, https://www.statista.com/statistics/417397/number-of-switching-current-bank-accounts-uk/ (last visited December 21, 2024)
Number of customers switching their current bank account providers in the United Kingdom (UK) from January 2016 to September 2024 (in 1,000s) [Graph], Pay.UK, October 29, 2024. [Online]. Available: https://www.statista.com/statistics/417397/number-of-switching-current-bank-accounts-uk/