New bank scam laws could stop suspicious payments

Your phone rings, and the caller says your bank account is under attack. To protect your savings, you must move the money right now. The caller sounds calm. The instructions feel official. However, the "safe account" belongs to a scammer . That pressure can turn years of savings into an irreversible transfer. Georgia now gives some banks and credit unions another chance to interrupt the payment before the money leaves. House Bill 945 took effect July 1, 2026. The law lets financial institutions