Bacs: Value of direct debit payments in the United Kingdom (UK) 2007-2019

This statistic illustrates the total annual value of direct debit payments through Bacs in the United Kingdom (UK) from 2007 to 2019. It can be seen that the value of direct debit payments through Bacs increased during this period up until 2018, reaching a total of almost 1.33 trillion British pounds. The value of direct debit Bacs payments in 2019 stood at a total of just under one billion British pounds less than 2018.

Value of direct debit payments through Bacs system in the United Kingdom (UK) from 2007 to 2019

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Source

Release date

February 2020

Region

United Kingdom

Survey time period

2007 to 2019

Supplementary notes

Bacs: also known as Bacs Payment Schemes Limited or Bankers' Automated Clearing Services.

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Statistics on "Payment instruments - United Kingdom and Ireland"

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