"To freeze the accounts" means to temporarily restrict access or put a hold on someone's bank or financial accounts so that no transactions can be made.
Full definition
It also has been reported recently that a number of Australian banks have
frozen the accounts of cryptocurrency traders and blocked transfers to several bitcoin exchanges.
But its ability to manage customer complaints — ranging
from frozen accounts to thousands of dollars in missing funds — hasn't kept up with user demand.
With the paperwork completed, your travel insurance company will then help you take preventative measures
like freezing accounts and cancelling cards to recover.
Many people do not understand that
by freezing an account so that one spouse does not have access to it, you are also closing off your access to the account.
Your bank may
freeze your account if they see irregular charges, especially when they're out - of - the - country.
But in her judgment on Thursday, Justice Oguntoyinbo dismissed Shagaya's application, holding that Justice Hassan did not need to hear from her
before freezing the account, since it was based on an ex parte application.
If you misplace your card,
freeze your account on our mobile app or website to prevent new purchases, cash advances and balance transfers.5
Lawmakers have pushed for credit reporting firms to allow consumers to
freeze their account without paying, and have gone so far as to include a provision in a recent bill that would require credit freezes be made free.
Conflating the issue even further were rumors and speculation that the banks that were
freezing accounts did so to promote their associations with altcoins.
A bill now under consideration in the New York Legislature would give banks the ability to
temporarily freeze the accounts of older adults when they notice activity uncharacteristic of spending habits.
If you somehow manage to do this without
PayPal freezing the account, you're still going to end up paying fees, so it wouldn't exactly be «interest free».
It started by banning ICOS, then crypto related sites and went as far
as freezing accounts utilized in cryptocurrency trading.
Making payment via cryptocurrencies will be highly beneficial for users suffering from
frozen accounts due to verifications issues.
Nigeria's anti-graft agency, the Economic and Financial Crimes Commission (EFCC), has
frozen accounts containing $ 31.4 million controlled by the former first lady who claims some of the money was for payment of medical bills.
The commission's face off with Mrs. Jonathan started when the
commission froze the accounts of four companies traced to the Special Adviser to ex-President Jonathan on Domestic Affairs, Waripamowei Dudafa.
The Economic and Financial Crimes Commission had directed the banks to
freeze the accounts over allegations of some irregularities over the sources of the funds.
Reports that the Economic and Organised Crime Office (EOCO) has secured a court order to once
again freeze the accounts of...
The PUNCH had exclusively reported in August 2016 that the EFCC is intensifying investigation into the former governor and was planning to seize his properties and
freeze accounts linked to him.
If you file bankruptcy and owe a bank any money, then that bank has the right to
administratively freeze the account and take the funds to pay the loan which you are not likely to pay in bankruptcy.
If your creditors choose to close or even
freeze your accounts while you are on the program, however, your available credit will equal your amount owed, resulting in a credit utilization of 100 percent.
Freezing your accounts at the three major credit bureaus is the best way to prevent thieves from opening new credit accounts in your name.
If the creditor who is armed with a judgment can find out where you bank, they can
freeze your account through attachment and then take what they need from the account to satisfy their debt.
Whether freezing your account or deactivating a card, some activity will continue, including bills that merchants mark as recurring, as well as returns, credits, dispute adjustments, payments, Discover protection product fees, other account fees, interest, rewards redemptions and certain other exempted transactions.
It would be nice if the broker could be instructed to clear out the position for you, but in my experience the broker will simply give you the shares that you can't afford, then
freeze your account because you are over your margin limit, and issue a margin call.
Specific accounts at the RDFI might be limited for a variety of reasons,
including freezing the account for suspicious activity (money laundering or terrorist funding), court order for impending legal proceedings, IRS levies for nonpayment of taxes, or perhaps child support delinquency.
The Discover it ® Miles Card really does offer nice features when you miss payments, the ability to
freeze your account easily, no foreign transaction fees, and more.
It's easy to imagine monero's appeal for cryptocurrency users in places like Egypt and Venezuela, where authorities
routinely freeze the accounts of political dissidents and activists.