Launched in September 2013, the Current Account Switch Service is a free-to-use service for consumers, small charities, small businesses and small trusts that makes switching current accounts simple, reliable and stress-free.
The service aims to increase competition in the high street, support the entry of new banks in the current account marketplace and give customers a greater choice when switching from one bank or building society to another.
It is backed by a Current Account Switch Guarantee, and UK banks and building societies covering almost the entire competitive current account market offer the service.
All aspects of the Current Account Switch Service are now managed and owned by Bacs, the company responsible for Direct Debit and Bacs Direct Credit in the UK.
More information about the Current Account Switch Service is available at the following links: