Account Freeze

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Dictionary Says

Definition of 'Account Freeze'

An action taken by a bank or brokerage that prevents any transactions from occurring in the account. Typically, any open transactions will be cancelled, and checks presented on a frozen account will not be honored.

Account freezes can be initiated by either the account holder or a third party.
Investopedia Says

Investopedia explains 'Account Freeze'

An account may be frozen by government or regulatory authorities because of suspicious activity, suspected criminal activity, civil actions or liens filed against the account. Furthermore, a bank or brokerage account may be frozen when the account holder dies. Once the appropriate documentation is presented, a new account will be opened in the beneficiary's name with access to the assets. 

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Search results for

'Account Freeze'

  • How Buying Groceries in Bulk Will De-Bulk Your Checking Account ...

    http://financialedge.investopedia.com/financial-edge/0609/How-Buying-Groceries-in-Bulk-Will-De-Bulk-Your-Checking-Account.aspx
    ... How Buying Groceries in Bulk Will De-Bulk Your Checking Account. Posted ... Buy
    one extra deodorant or buy extra chicken to freeze. But ...

  • Nordstrom Thawing From Consumer Spending Freeze

    http://stocks.investopedia.com/stock-analysis/2009/Nordstrom-Thawing-From-Consumer-Spending-Freeze--JWN-SKS-M-V-TGT1118.aspx
    ... Article; Comments (0). Nordstrom Thawing From Consumer Spending Freeze.
    Posted: Nov 18, 2009 06:58 AM by Ryan C. Fuhrmann , CFA. ...

  • Chipping Away At The Pension Freeze Trend

    http://www.investopedia.com/articles/retirement/07/pensionfreeze.asp
    ... This means that a pension freeze for employees in their 50s and likely ... Pension plan
    formulas typically take into account the number of years an employee has ...

  • Protect Yourself From HELOC Fraud

    http://www.investopedia.com/articles/mortgages-real-estate/09/heloc-fraud.asp
    ... to check with your state to find out how the law there will affect the freeze. ... You
    should also talk to others who may be involved with the account, such as ...

  • Everyday Fees And How To Avoid Them - Investopedia.com

    http://financialedge.investopedia.com/financial-edge/0810/Everyday-Fees-And-How-To-Avoid-Them.aspx
    ... Some banks will freeze up to $75 on your account until the amount of gas you purchased
    has been cleared through their system, meaning that if you think you ...

  • What To Do If Your Identity Is Stolen - Investopedia.com

    http://financialedge.investopedia.com/financial-edge/1111/What-To-Do-If-Your-Identity-Is-Stolen.aspx
    ... Placing and thawing a credit freeze normally costs money, but in some states ... If
    information about your checking account was in your wallet, close your checking ...

  • How Many Credit Cards Should You Have? - Investopedia.com

    http://financialedge.investopedia.com/financial-edge/0711/How-Many-Credit-Cards-Should-You-Have.aspx
    ... a credit card company will freeze or cancel your card out of the blue if they detect
    potentially fraudulent activity or suspect that your account number might ...

  • How can I improve my credit score?

    http://www.investopedia.com/ask/answers/07/improve-credit-score.asp
    ... approves you, or someone pretending to be you, for an account, they will make ... accessing
    your credit report without your permission, you can freeze your credit ...

  • Targeted-Distribution Funds May Crack Nest Eggs

    http://www.investopedia.com/articles/mutualfund/08/targeted-distribution-funds.asp
    ... you replace an employer pension fund, read Chipping Away The Pension Freeze Trend.)
    Targeted ... Another seeks to provide a percentage of the assets in the account. ...

  • Top Tips For Exchanging Money - Investopedia.com

    http://financialedge.investopedia.com/financial-edge/0911/Top-Tips-For-Exchanging-Money.aspx
    ... Their fraud teams may spot the card being used abroad and diligently freeze
    the account - thinking it to be suspicious activity. ...

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