Published on, Sept. 18 -- September 18, 2025 5:50 PM

Governor State Bank revealed during a finance committee meeting that transferring large digital payments will now take up to two hours for verification to prevent increasing fraud incidents. Banks have been instructed to delay transactions of significant amounts, giving time to ensure that no suspicious or fraudulent activity is involved before processing.

He explained that when a person initiates a large transfer, the bank will keep the amount on hold inside the system for two hours. During this period, the bank's fraud detection systems will verify the legitimacy of the transaction. Only after the verification is complete will the payment be credited to the receiver's account, minim...