Below are the Volume and Value information for each clearing for the most recent year:

 

Cheque Clearing Volumes & Values 2016

Inter-bank items 2015 2016 % change

Volume (000's) 

404,134

344,621 -15%

Value (£ millions)

454,836 400,158 -12%

 

Average daily volume (000's) 

1,597  1,362 -15%

Peak daily volume (000's)

2,500  2,115 -15%

Average daily value (£mns) 

1,798  1,582 -12%

 

Average value per item (£)

1,125 1,161 3%
Click here to open a printer-friendly version of the 2016 cheque clearing volumes and values with graphs.

* Due to rounding, the sum of separate items may differ from the totals shown.

These figures represent items exchanged between C&CCC member banks and building societies within Great Britain only. These are known as inter-bank items.

 

Credit Clearing Volumes & Values 2016

Inter-bank items 2015 2016 % change

Volume (000's) 

28,049 21,857 -22%

Value (£ millions)

17,216 15,022 -13%

Average daily volume (000's) 

111 86 -22%

Peak daily volume (000's)

223 172 -23%

Average daily value (£mns) 

68 59 -13%

Average value per item (3)

614 687 12%
Click here to open a printer-friendly version of the 2016 credit clearing volumes and values with graphs.

These figures represent items exchanged between C&CCC member banks and building societies within Great Britain only. These are known as inter-bank items.

 

Euro Debit Clearing Volumes & Values 2016

Inter-bank items 2015 2016 % change

Volume

89,282 80,119 -10%

Value (£ millions)

1663 1,561 -6%

Average daily volume

353 317 -10%

Peak daily volume

999 774 -23%

Average daily value (£mns) 

6.6 6.2 -6%

Average value per item (3)

18,622 19,486 5%
Click here to open a printer-friendly version of the 2016 euro debit clearing volumes and values with graphs.

These figures represent items exchanged between C&CCC member banks and building societies within Great Britain only.

 

Currency Clearing Volumes & Values 2016

Inter-bank items 2015 2016 % change

Volume 

17,127 13,934 -19%

Value (£ millions)

418.60 374 -11%

Average daily volume

68 55 -19%

Peak daily volume

299 244 -18%

Average daily value (£mns) 

1.655 1.5 -11%

Average value per item (3)

24,441 26,868 10%
Click here to open a printer-friendly version of the 2016 currency clearing volumes and values with graphs.

These figures represent items exchanged between C&CCC member banks and building societies within Great Britain only. These are known as inter-bank items.

The currency clearing, which processed cheques drawn in US Dollars drawn on UK banks, ceased operation on 7th July 2017. These cheques are now processed by means of direct exchange and settlement between the relevant banks.