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Number of wire transfers in the European Union from 2010 to 2018

This statistic presents the total amount of credit transfers carried out in the European Union from 2010 to 2018. The number of transfers increased almost year-on-year over the presented period except in 2018. In 2018, the total amount of credit transfers carried out in the European Union amounted to to approximately 28 billion in 2018.

Total number of credit transfers in the European Union from 2010 to 2018*

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Source

Release date

July 2019

Region

EU

Survey time period

2010 to 2018

Supplementary notes

Credit transfer also called a wire transfer is 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).
*The source mentions that at the time of publication, data for the UK for 2018 was not available. Thus, the EU values for 2018 do not include UK data.

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