GXBank to Implement One-Hour Cooldown Period for Money Transfer Limit Increases

GXBank will implement a one-hour cooldown period for money transfer limit increases starting February 12, 2025. The implementation is part of an ongoing effort to ensure safer online banking practices. It is also to prevent fraud and give users time to report any suspicious activity.

This cooldown period will be activated immediately if users are found to have increased their daily money transfer limit. During the period, users can still make transactions with their current transfer limit without any problems. Users will also be notified via registered email once the period ends. It is important to emphasize that this cooldown period will not apply to daily transfer limit reductions, which means that it can be activated immediately.