Most banks are signed up to the "Authorised Push Payment Scam Code" and cover fraud, however it's not a legal requirement. But all banks, of course, have a lev

Most banks are signed up to the "Authorised Push Payment Scam Code" and cover fraud, however it's not a legal requirement. But all banks, of course, have a level of fraud protection in place (just not the legal obligation to replace funds from a scam and compensate/reimburse victims). It's also worth noting that this is a legal decision, and not a technology issue.