think
2 Answers
Colleen
The bank also can freeze your account if there is suspicious activity that you may not be aware of, such as if someone has stolen your debit or credit card. Usually, the bank will not only freeze the account, but close it and create a new account. However, they may freeze the account to investigate the fraudulent charges before proceeding to close the account completely. International or out-of-state charges; charges that are extremely expensive; or multiple big-purchase charges in a day could send the bank a red flag.
Read more: http://www.ehow.com/list_6733203_reasons-freeze-bank-accounts.html#ixzz2su7f1Ffp
| 11 years ago. Rating: 3 | |
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think I am in Australia, they have a bank called Commonwealth, horribly monarchistic I know. However, Australia seems to follow the Us like some kind of leading beacon in the night. Thanks for keeping me up to scratch.
pythonlover
Yes I know about this. I received a phone call at 6AM in the morning from the Commonwealth banks security monitoring team asking me if I had purchased any electrical goods on line the night before. I said I haven't. They informed me that suspicious activity was taking place with my credit card. My bank account was frozen until I went to the bank and set up a whole new credit card. So yes, it can happen.
| 11 years ago. Rating: 1 | |
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a friend said Commonwealth had detected skimmer activity and frozen her account for security reasons. Anyone know anything about this?