As of September 2013, when you switch current accounts, the Current Account Switch Service guarantees to make the move simple, quick and hassle-free. This service that participating banks & building societies provide, ensures your existing balance and all the associated bills and direct debits etc. that are tied to your account, will all be switched over to your new account within 7 days. What's more, it's flexible, letting you nominate the date of the switch.
Read more about the current account switching guarantee.
With switching accounts being made easier than ever, some banks and building societies are even offering switching incentives to move your account. While there are usually T&C’s involved, you could earn yourself vouchers or cash just for switching your account.
To find accounts offering an incentive, look out for details listed alongside the account in the ‘Switching incentive’ column of the accounts results page.