In addition to the common Mollie for WooCommerce features described in Customise your checkout and Localise your checkout, you can also have the following features at your disposal for bank transfers:
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Prevent premature order cancellation
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Skip the Mollie Checkout
The WooCommerce Hold stock (minutes) feature in your dashboard under WooCommerce > Settings > Products lets you specify how long to hold orders with the status Pending before cancelling them.
Bank transfers usually take significantly longer than other payment methods, which is why Mollie for WooCommerce lets you give an order a different initial status in order to avoid premature cancellation.
By default, Mollie for WooCommerce redirects your customers to the Mollie Checkout when they pay. Instead, you can redirect your customers to the WooCommerce "Thank you" page where they will see how to complete the bank transfer.