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UK households with savings accounts mean thousands could face delays when trying to access their money . A sixth of the top 30 easy access accounts can take up to a working day to transfer funds.

Three in four of the UK's top easy access accounts impose restrictions that slow down withdrawals, new research by savings app Spring shows.

The study, carried out by MoneyComms, found that 73 per cent of the top 30 easy access accounts either impose a cut-off time or fail to make Faster Payments within two hours.

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Around a third require withdrawal requests to be made before 3pm or the money will not reach the customer’s account until the following business day.

Derek Sprawling, Head of Money at Spring, sai

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