Account Freeze definition

Account Freeze means VCB temporarily stop all debit and/or credit transactions on a part or entire of the current balance of the account in cases stipulated by the laws without requiring prior agreement with the Account Holder.
Account Freeze means VCB put a freeze in whole or in part on any existing balance in the Account in cases stipulated by the laws without requiring prior agreement with the Account Holder.
Account Freeze means that the Seller’s account on any of the Exchanges has been frozen.

Examples of Account Freeze in a sentence

  • In some circumstances, we may continue an Account Freeze for days or weeks, and ultimately may be required to terminate your account and return your assets to you if we suspect that activities associated with your account may be contrary to Canadian law, or damaging to Shakepay or another person.

  • Shakepay reserves the right to impose an Account Freeze in its sole discretion and your sole remedy for such an Account Freeze shall be the return of your assets, subject to any law that requires us to do otherwise.

  • We endeavour to communicate with you and resolve any Account Freeze, which may include requesting documentation or further information (to the extent that we are permitted by law to do so).


More Definitions of Account Freeze

Account Freeze means the Bank temporarily suspends pay out/debit transactions on a part/the entire account balance at decision or request of competent authorities or in some cases that are prescribed under the Laws.