diff --git a/packages/p2p/src/components/app.jsx b/packages/p2p/src/components/app.jsx
index 17079db08fd0..86a82ad5c247 100644
--- a/packages/p2p/src/components/app.jsx
+++ b/packages/p2p/src/components/app.jsx
@@ -42,7 +42,7 @@ const App = props => {
                 general_store.setActiveIndex(general_store.path.my_ads);
             }
         });
-        general_store.setP2PConfig();
+
         return () => general_store.onUnmount();
         // eslint-disable-next-line react-hooks/exhaustive-deps
     }, []);
diff --git a/packages/p2p/src/components/my-ads/reduce-order-time-banner.jsx b/packages/p2p/src/components/my-ads/reduce-order-time-banner.jsx
deleted file mode 100644
index a94633cded85..000000000000
--- a/packages/p2p/src/components/my-ads/reduce-order-time-banner.jsx
+++ /dev/null
@@ -1,53 +0,0 @@
-import { observer } from 'mobx-react-lite';
-import React from 'react';
-import { useStores } from 'Stores';
-import { HintBox, Text } from '@deriv/components';
-import { localize } from 'Components/i18next';
-import { minutesToHours } from 'Utils/date-time';
-
-const ReduceOrderTimeBanner = () => {
-    const { general_store } = useStores();
-    const { order_timeout } = general_store;
-
-    let render_banner_text = '';
-
-    const { hours, minutes } = minutesToHours(order_timeout);
-
-    if (hours === 0 && minutes === 0) {
-        return null;
-    }
-
-    if (hours > 0) {
-        if (minutes > 0) {
-            render_banner_text = localize(
-                'New orders are now active for {{hours}} hour and {{minutes}} minutes only. Complete your order before it expires!',
-                { hours, minutes }
-            );
-        } else if (minutes === 0) {
-            render_banner_text = localize(
-                'New orders are now active for {{hours}} hour only. Complete your order before it expires!',
-                { hours }
-            );
-        }
-    } else {
-        render_banner_text = localize(
-            'New orders are now active for {{minutes}} minutes only. Complete your order before it expires!',
-            { minutes }
-        );
-    }
-
-    return (
-        <HintBox
-            className='p2p-my-ads__warning'
-            icon='IcInfo'
-            message={
-                <Text as='p' size='xxxs' color='prominent' line_height='xs'>
-                    {render_banner_text}
-                </Text>
-            }
-            is_info
-        />
-    );
-};
-
-export default observer(ReduceOrderTimeBanner);
diff --git a/packages/p2p/src/components/orders/order-table/__test__/order-table.spec.js b/packages/p2p/src/components/orders/order-table/__test__/order-table.spec.js
index b8d2e4cd5dbe..6b00e30f5822 100644
--- a/packages/p2p/src/components/orders/order-table/__test__/order-table.spec.js
+++ b/packages/p2p/src/components/orders/order-table/__test__/order-table.spec.js
@@ -9,7 +9,6 @@ jest.mock('Stores', () => ({
             active_notification_count: 0,
             inactive_notification_count: 0,
             order_table_type: false,
-            order_timeout: { hours: 1, minutes: 10 },
         },
     }),
 }));
diff --git a/packages/p2p/src/components/orders/order-table/order-table.jsx b/packages/p2p/src/components/orders/order-table/order-table.jsx
index 56be6ff942d7..41907000c542 100644
--- a/packages/p2p/src/components/orders/order-table/order-table.jsx
+++ b/packages/p2p/src/components/orders/order-table/order-table.jsx
@@ -7,7 +7,6 @@ import ToggleContainer from 'Components/misc/toggle-container.jsx';
 import { order_list } from 'Constants/order-list';
 import { useStores } from 'Stores';
 import OrderTableContent from './order-table-content.jsx';
-import ReduceOrderTimeBanner from 'Components/my-ads/reduce-order-time-banner.jsx';
 
 const OrderTable = ({ showDetails }) => {
     const { general_store } = useStores();
@@ -28,7 +27,6 @@ const OrderTable = ({ showDetails }) => {
     const is_active_tab = general_store.order_table_type === order_list.ACTIVE;
     return (
         <React.Fragment>
-            <ReduceOrderTimeBanner />
             <div className='orders-tab'>
                 <div className='orders-tab__header '>
                     <ToggleContainer>
diff --git a/packages/p2p/src/stores/general-store.js b/packages/p2p/src/stores/general-store.js
index 1688a504cba6..dfd8e4a045ed 100644
--- a/packages/p2p/src/stores/general-store.js
+++ b/packages/p2p/src/stores/general-store.js
@@ -24,7 +24,6 @@ export default class GeneralStore extends BaseStore {
     @observable notification_count = 0;
     @observable order_table_type = order_list.ACTIVE;
     @observable orders = [];
-    @observable order_timeout = 0;
     @observable parameters = null;
     @observable poi_status = null;
     @observable.ref props = {};
@@ -382,21 +381,6 @@ export default class GeneralStore extends BaseStore {
         this.order_table_type = order_table_type;
     }
 
-    @action.bound
-    setOrderTimeOut(time) {
-        this.order_timeout = time;
-    }
-
-    @action.bound
-    setP2PConfig() {
-        requestWS({ website_status: 1 }).then(response => {
-            if (response && !response.error) {
-                const { order_payment_period } = response.website_status?.p2p_config;
-                this.setOrderTimeOut(order_payment_period);
-            }
-        });
-    }
-
     @action.bound
     setP2pOrderList(order_response) {
         if (order_response.error) {
diff --git a/packages/p2p/src/utils/date-time.js b/packages/p2p/src/utils/date-time.js
index 9fd116360f54..274b17c9121e 100644
--- a/packages/p2p/src/utils/date-time.js
+++ b/packages/p2p/src/utils/date-time.js
@@ -38,10 +38,3 @@ export const secondsToTimer = distance => {
 
     return `${toDoubleDigits(hours)}:${toDoubleDigits(minutes)}:${toDoubleDigits(seconds)}`;
 };
-
-export const minutesToHours = time_in_minutes => {
-    // Convert the time in minutes to hours
-    const hours = Math.floor(time_in_minutes / 60);
-    const minutes = time_in_minutes % 60;
-    return { hours, minutes };
-};