While Mr Swan is making it easier for us to change banks he should not forget to ensure the banks transfer the money instantly when we change banks. Have you ever wondered why you do an electronic transfer on Friday, the money is taken from your account immediately, but it does not appear in the other account until Monday? In this day of electronic banking do all the computers take the weekend off? There is no technical, operational or risk reason for money transfers to be delayed. Money transfers can be made instantly between accounts. The banks do it because they make money while the funds are being transferred (they get the interest while the money is in limbo) and more importantly because it restricts competition. If instant transfer of money was available then other organisations would give us more efficient methods of paying our bills and we would find account keeping and transaction fees and ATM fees would all drop.