BBA has responded to CP 09/3. It believes the proposed route to fast payout via “Single Customer View” (SCV) is not the most effective method to deliver the payout. There is strong support for continuity of banking services and access to deposits where a bank is distressed. BBA and others it has consulted feel this approach is better for consumers and the economy. So it says FSA must rethink the premise of its proposals. Also, it has concerns over how the proposed Gross Payout method would work as it thinks FSA has not considered some important factors. It has a number of other worries also, including that pre-funding is not a desirable model for the UK.