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Number of wire transfers in the UK 2009-2019

This statistic presents the total amount of credit transfers made in the United Kingdom from 2009 to 2019. The number of credit transfers in the United Kingdom increased year-on-year, amounting to approximately 5.1 billion in 2019. This was nearly two billion more credit transfers than was seen in 2009.

Total number of credit transfers in the United Kingdom from 2009 to 2019

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Source

Release date

September 2020

Region

United Kingdom

Survey time period

2009 to 2019

Special properties

Credit transfers, or wire transfers, are a method of electronic funds transfer from one entity or person to another (such as for ex. bank transfers, which rely on a secure system messages (such as SWIFT) from the sending bank to the receiving bank).

Supplementary notes

The figures have been taken from several publications.

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Statistics on "Payment instruments - United Kingdom and Ireland"

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