UNO Digital Bank has issued public advisories on its official Facebook page addressing concerns regarding certain InstaPay transfers.
In its initial customer advisory, the bank confirmed it is currently investigating an issue involving InstaPay transactions. The digital bank stated that any identified “unauthorized transactions” will be corrected and resolved within the day. The institution also assured its clients that their funds are safe and secure.
In a subsequent update, UNO Digital Bank announced that its team has been actively working on the reported InstaPay concerns. The bank noted that corrections are currently being processed and are expected to be completed within a 24-hour timeframe.
UNO Digital Bank reiterated that customer funds remain secure and stated it will provide another update once the issue has been fully resolved.
UNO Digital Bank is one of the original six digital banks formally licensed and regulated by the Bangko Sentral ng Pilipinas (BSP). The central bank recently said it is looking to approve up to four additional digital banks to operate within the country.
This is a developing story.
This article is published on BitPinas: UNO Digital Bank Investigates InstaPay Issues
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