A new draft rule, set to kick in by April 2027, gives banks a clear SOP to freeze accounts linked to ‘money mules’; people unknowingly used in cyber scams. Sounds technical? It’s actually personal. If you’ve ever transferred money for someone ‘as a favour’, or lent your account to a friend, you could be caught in this net. The Supreme Court pushed for this change after seeing innocent people stuck for weeks with frozen funds. Now, banks must report suspicious activity *and* act faster to un-freeze legitimate accounts. The catch? You’ll need to prove you’re not a pawn in a scam; which might mean more docs, more questions, and less frictionless banking. For exam aspirants eyeing banking roles; this is your real-world syllabus now. Know Your Customer (KYC) isn’t just a checkbox anymore. It’s a shield; and a trap; depending on how you play it.