The Current Account Switch Service is a UK-based service designed to make switching current accounts simple, reliable, and hassle-free. Launched in 2013, it is owned and operated by Pay.UK, the UK's leading retail payments authority. The service is free for consumers and is backed by the Current Account Switch Guarantee, which ensures that all payments going out (like Direct Debits) and coming in (like salary) are automatically moved to the new account. Its mission is to remove barriers to switching and increase competition among UK banks and building societies.

Founded in

United Kingdom