Reduce Inter -Bank clearance times to 4 hours

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Petition Action

Reduce Inter -Bank clearance times to 4 hours

Additional Information

While the Banking World is being investigated they should be ordered to clear cheques / transfers between Banks / Insurance Institutions within hours and not 3 - 5 days as now.
Make it illegal to write a cheque knowing you do not have the funds to cover it.
(I believe in France to bounced cheques results in being banned from using cheques for upto 10 years)

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