Frozen Account

An account that is temporarily inaccessible, often due to suspected fraudulent activity or a court order.

More Details

A frozen account is a financial account that has been temporarily suspended and is not able to be used for transactions or access to funds. This can happen for a variety of reasons, such as a request by the account holder, a legal order, or a bank's internal policies.

Example

You recently noticed fraudulent activity on your basic checking account. After you reported this to MCU, your account was frozen in order to protect you and your funds.

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