My banks all have different mechanisms, but all around limiting the amount. For instance in one of them I can add trusted accounts for unlimited amounts (it ta

My banks all have different mechanisms, but all around limiting the amount. For instance in one of them I can add trusted accounts for unlimited amounts (it takes a random time from 24 to 48h to get it through), for all others I have a really low limit for transfers between 8pm to 8am and a bit bigger for daylight. Another bank added location detection with gps through the mobile app and I can add the trusted places to make bigger transactions. Let's say I want to buy a car. I can immediately transfer for instance US$ 1000 as a signal of intention, add the car seller as a trusted account, and wait 48h to transfer the rest. In the worst case, If I get abducted by a criminal my bank app mandates the gps to be turned on for any movements. If my family moves fast enough with authorities this can help locate me, and also coordinate with the bank means to monitor the account. On the other hand some abduction criminals are settling with smaller values to move fast and not get caught, but in these cases they will do some gross mistakes. The problem is the police forces doing more mistakes than the criminals. For frauds without physical contact, it increased the amount between elders, but at least in my family we came up with a strong framework to check with someone like me that is more digital literate to provide some "consultancy" to the elders. My dad for instance had a extremely high limit because the bank manager did a mistake, even on a traditional private bank account. I talked directly to the manager explaining that her actions were against the own bank recommendations. And oh, this is not different from the past were the elders were compelled to give money in physical form, with elders hiding this from the family for some reason. The amount of scam in my family is stable for now between the old way versus the new way. The thing just moved faster (it took few hours for the rest of family to find out), but safer (the elder in question didn't need to physically handle the money). It worked well as a cautionary tale.