Cheque & Credit Clearing Averages

Inter-bank items

2006

2007

AVERAGE DAILY VOLUME

(000's)

(000s)

Inter-bank cheques

4,910

4,446

Inter-bank euro debits

2

2

Inter-bank credits

430

381

AVERAGE DAILY VALUE

(£mns)

(£mns)

Inter-bank cheques

4,647

4,572

Inter-bank euro debits

12

12

Inter-bank credits

237

228

AVERAGE VALUE PER ITEM

(£)

(£)

Inter-bank cheques

946

1,028

Inter-bank euro debits

5,331

5,630

Inter-bank credits

552

599

Inter-bank items are exchanged between GB settlement banks

Euro debits are cheques denominated in euro processed through the GB clearings

Values for euro items are given as sterling equivalents

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