Number of basic bank accounts 2022

The highest number of basic bank accounts that were open as of the end of June 2022 in the United Kingdom was at Lloyds Banking Group (including Halifax and Bank of Scotland brands). The number of accounts open with Lloyds Banking Group as of the June 30, 2022 was roughly 2.23 million. Lloyds Banking Group was followed by Nationwide and NatWest.

Total number of open basic bank accounts in the United Kingdom (UK) as of June 2022, by bank (in 1,000s)

Characteristic	Number of open basic bank accounts in thousands
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Release date

February 2023

More information

Region

United Kingdom

Survey time period

June 30, 2022

Special properties

The figures are rounded

Supplementary notes

The source added the following information "The Payment Accounts Regulations 2015 require the 9 largest personal current account (PCA) providers to offer basic bank accounts that are fee-free for standard operations, including a failed payment, removing the risk that customers run up unintended overdrafts. Basic bank account customers are able to use the same services (e.g. ATM and Post Office counter access) as a financial institution’s other PCA customers. These 9 institutions are: Barclays, Clydesdale, Co-operative Bank, HSBC, Lloyds Banking Group (including Halifax and Bank of Scotland brands), Nationwide, NatWest (including Royal Bank of Scotland and Ulster Bank brands), Santander, and TSB."

Figures correct as of June 30, 2020.

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