The Erroneous Transfer Recovery Act creates a statutory process that lets people who send money to the wrong digital account ask their bank or payment provider to freeze the mistaken funds, notify the unintended recipient, and return the money if the recipient agrees or does not respond. It also sets safeguards such as clear confirmation prompts before a transfer, 24/7 reporting channels, and penalties for anyone who knowingly keeps or misuses the funds.
Automated summary by BatasWatch. It may miss nuance — read the bill text before citing it.
Printed from CivicSync PH: https://civicsync-ph-gamma.vercel.app/bills/HB09674. Status changes over time; check the link for the latest.
HB09674 · Sources: BatasWatch
Status history
No changes since we started checking daily on Oct 4, 2026.
Status via BatasWatch (independent source)
Similar in what they’d do, filed by any lawmaker.