Banks to get more time to process transfers

I saw this and thought of you

https://www.reuters.com/business/finance/britains-banks-given-more-time-check-payments-scams-2024-03-12/

Basically, the proposal is that if a bank suspects fraud they will be able to pause a transfer for up to three days.

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Sounds like a good idea, until say someone’s house purchase hits problems as it got flagged as a scam say

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