Number of customers switching their current bank account providers in the United Kingdom (UK) from January 2016 to December 2018
Current bank account switching numbers in the United Kingdom (UK) 2016-2018
This statistic illustrates the monthly number of customers who switched their current bank account provider in the United Kingdom (UK) from January 2016 to December 2018. It can be seen that the number of switches fluctuated during the period under observation, reaching a total of approximately 61.9 thousand as of December 2018. The largest number of switches in one month occurred in March 2016, when more than 124.6 thousand switches were recorded. The number of switches recorded in the previous twelve months (from the 1st of January 2018 to the 31st of December 2018) stood at a total of nearly 930 thousand switches.
Number of customers switching their current bank account providers in the United Kingdom (UK) from January 2016 to December 2018
Number of switches
Dec '18 61,891
Nov '18 88,504
Oct '18 85,523
Sep '18 62,096
Aug '18 62,290
Jul '18 69,235
Jun '18 79,516
May '18 77,979
Apr '18 68,836
Mar '18102,268
Feb '18102,991
Jan '1868,211
Dec '1764,451
Nov '17110,774
Oct '1772,475
Sep '1760,299
Aug '1773,476
Jul '1784,041
Jun '1777,087
May '1772,895
Apr '1768,156
Mar '1795,988
Feb '1790,401
Jan '1761,913
Dec '1660,056
Nov '1677,978
Oct '1670,353
Sep '1671,163
Aug '1677,608
Jul '1685,588
Jun '1684,587
May '1679,232
Apr '1694,180
Mar '16124,615
Feb '16110,340
Jan '1674,723
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Source

Release date

January 2019

Region

United Kingdom

Survey time period

January 2016 to December 2018

Age group

18 years and older

Method of interview

Online omnibus survey

Current bank account switching numbers in the United Kingdom (UK) 2016-2018
This statistic illustrates the monthly number of customers who switched their current bank account provider in the United Kingdom (UK) from January 2016 to December 2018. It can be seen that the number of switches fluctuated during the period under observation, reaching a total of approximately 61.9 thousand as of December 2018. The largest number of switches in one month occurred in March 2016, when more than 124.6 thousand switches were recorded. The number of switches recorded in the previous twelve months (from the 1st of January 2018 to the 31st of December 2018) stood at a total of nearly 930 thousand switches.
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Statistics on "Bank customer retention in the United Kingdom (UK)"
  • Bank client overall experience
  • Bank account switching
The most important statistics
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