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Type of bank account used by small and medium enterprises in the UK in 2019

Type of bank account used by small and medium enterprises (SMEs) in the United Kingdom (UK) as of 2019

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Source

Release date

June 2020

Region

United Kingdom

Survey time period

July 2019 to February 2020

Number of respondents

8,406 respondents

Method of interview

Computer-assisted telephone interviews (CATI)

Supplementary notes

* Weighted basis.
Original survey question is as follows: 'Is the main bank or building society account you use for business purposes a business or current account?'

Survey was conducted among small and medium businesses with employees. Three categories were distinguished, based on employees numbers: micro businesses (1 to 9 employees), small businesses (10 to 49 employees) and medium businesses (50 to 250 employees).

Figures do not add up to one hundred percent.

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Statistics on "Current bank accounts in the United Kingdom (UK)"

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