In December 2005 I reviewed our current account to see whether we were still getting the best deal. Although smile.co.uk give excellent rates of interest ontheir current account, the Alliance & Leicester far surpassed them as long as you don't have a balance of more than £2500. We don't so I changed current accounts. All was very smooth and within 2 months all direct debits had ben changed using the A&L account change facility.
Although the direct debits change over was smooth there was still the problem of getting any income changed over. For my employer that wasa simple and straightforward process. For benefits such as working family credit and child benefit it has taken a little longer.
Having changed our current account twice in the last 3 years I now plan to review it every year, but unless the interest rates drop dramatically I will NOT change accounts again for 5 years.