24 April, 2025: The Current Account Switch Service today publishes its Q1 2025 Dashboard, reporting 222,805 completed switches between January and March 2025.

30th January, 2025: The Current Account Switch Service today publishes its Q4 2024 Dashboard1 reporting the latest switching figures and trends.

247,729 switches took place between July and September, bringing the total number of switches to 11.1 million.

The Current Account Switch Service today publishes its Q2 2024 Dashboard1 reporting the latest switching figures and trends.

Pay.UK, the independent, not-for-profit operator of the UK’s national retail payments system including Faster Payments, Bacs and Direct Debit

Between January and March 2024, the Current Account Switch Service facilitated 320,364 switches, bringing its total to 10.6 million

Pay.UK, the independent, not-for-profit operator of the UK’s national retail payments system, are pleased to confirm that ‘Confirmation of Payee’ (CoP), has reached two billion checks.

Between October and December 2023, the Current Account Switch Service facilitated 433,701 switches, the highest quarterly total recorded since the Service was launched over ten years ago.

July to September 2023 saw a 55% increase in switches compared to the same period in 2022. A total of 344,195 switches took place during this time compared to the 222,108 in Q3 2022.

Between April and June 2023, the Current Account Switch Service saw a 76% increase  in the number of switches on the same period last year.