The big banks and their small competitors are furious they will not be allowed to access the final report of the banking royal commission before its release to the public.

Several banking sources expressed deep concern that they have not been invited to attend a three-hour lock-up ahead of the report’s release on 4.10pm on Monday.

The banks are cranky that they won't be allowed in the industry lock-up to access the banking royal commission's final report ahead of the public. Credit:Eddie Jim

The media and industry lobby groups will access the highly sensitive industry report from 1pm but will be bound by confidentiality agreements to not disclose the information before 4.10pm.

Members of the media and industry groups at the lock-up will also be restricted from accessing the internet or their phones.