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Social Security Benefits: Automated Credit Transfer

Question for Department for Work and Pensions

UIN 211429, tabled on 22 October 2014

To ask the Secretary of State for Work and Pensions, how much his Department spent on bank transfer transactions for each type of benefit and pension payment in the last financial year; and what the total cost was of those transfers.

Answered on

29 October 2014

DWP can provide a total figure for UK benefit bank transfers for 2013/14 (including pensions) by BACS, broken down by benefit as follows:

Benefit

Volume

Banking Costs

ATTENDANCE ALLOWANCE (AA) (inc Overseas)

14,914,870

£65,625.43

DISABILITY LIVING ALLOWANCE (DLA) (inc Overseas)

47,522,463

£209,098.84

EUROPEAN SOCIAL FUND (ESF)

288

£1.27

CARERS ALLOWANCE (CA) (inc Overseas)

27,066,880

£119,094.27

INCAPACITY BENEFIT (INCAP)

10,093,974

£44,413.49

INCOME SUPPORT (IS)

146,845,498

£646,120.19

INDUSTRIAL INJURIES (IIDB)

11,975,719

£52,693.16

OVERSEAS DIVISION (ODIIDB)

73,828

£324.84

JSA

30,546,139

£134,403.01

MORTGAGE DIRECT (JSA MD)

239,080

£1,051.95

LPS

71,171

£313.15

LPS MID

1,900

£8.36

MORTGAGE DIRECT (MI)

1,299,364

£5,717.20

RETIREMENT PENSIONS

339,855,838

£1,495,365.69

THIRD PARTY PAYMENTS (TPP)

44,715

£196.75

WINTER FUEL NEW RULE (WFNR)

953,886

£4,197.10

SOCIAL FUND (SF)

1,157,008

£5,090.84

DWP ESA MID

617,369

£2,716.42

DWP ESA

44,349,674

£195,138.57

DWP CPS LOCAL PAYMENTS

1,930,311

£8,493.37

PIP

282,631

£1,243.58

Universal Credit

13,556

£59.65

Benefits Total

679,559,975

£2,990,063.89

Excluding CSA/SPVA/CMS

686,118,046

£3,018,919.40

TOTAL BACS

699,386,621

£3,077,301.13

The Department does not have the breakdown for Faster Payments by benefit type, however the total volume figure of payments is 3,261,640 and a transaction value of £526,273.

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