OFT says the current account markets must change more to address its concerns over competition and the needs of customers. Its most recent review shows some improvements, particularly on lower overdraft charges, but that consumers still find it hard to compare the costs of current accounts and believe switching is difficult. OFT has made further recommendations to improve transparency, reliability in switching and the way banks and building societies provide unarranged overdrafts. It thinks that, if the market implements these changes, it will not need to make a market investigation reference to the Competition Commission, but will revisit this provisional decision in 2015. (Source: Review of the Personal Current Account Market)