If you are trading on any exchange then today or tomorrow the day will come when your bank account will freeze. There are lots of users facing this issue and there is no proper solution. Here I am going to share the reason for the account freeze and if your account is frozen, Here we are talking about the solution. The process is long and you have to work for it but yes there is a solution.
Some users have better luck but luck is not good for everyone because some users' accounts have frozen for one year but there is no proper solution.
Account freeze reason
The account is frozen in two ways first is the bank that can freeze your account. If it seems that suspicious transactions are happening in your account frequently then the bank freezes your account. This type of freeze which has done by the bank and in this case, you have to give the answer to the bank and you have to do KYC for it. And your account will be unfrozen.
Now let's talk about the second case. Let's say you have sold USDT and taken the money in your bank through P2P. That money was deposited by a third party. So the first thing you have to do it that check the name of the buyer. You are doing p2p on Binance then check the name of the user and match the name with the bank name. If the name is not the same then immediately refund that fund and say that you don't accept third-party payment. the same person sending money from his own account is also not solving your issue because there is even a chance of an account freeze.
Because maybe that money is the money of a scam because there is cybercrime fraud going on daily. Let's say someone did fraud of 100k and you have got some portion of that 100k because the person who sent you money is a scammer. In this case, your account will be frozen as well as wherever that scammer will send money all those accounts will freeze too.
Solution for unfreezing bank account
There are multiple issues in p2p transactions because that fund can be used in terror funding, money laundering, or any type of scam so in this type of case, the cyber crime department freezes your account. You have to visit your bank branch and they will give you the acknowledgment number and also the complaint location. You have to visit the cyber crime branch from where the complaint has been registered.
And then they will give your the process to unfreeze your account so let's say your account is released from cybercrime. Even after that, you have to visit your bank and tell them that your account is unfrozen. This process takes time and it is not an easy thing so always take precautions in advance otherwise this process is not easy to do.
so this is the solution that is not easy this way you can unfreeze your account. Don't forget to share this important information with your friends.
Lucky Ali
Image source 2
○__________________○____________________○
| 👇 | ||
|---|---|---|
 | Hi I am lucky ali from gujarat, india. I am crypto enthusiast, blogger and SEO developer. I always interested to learn new things and getting new experience. You can find me on hive, twitter and discord (Lucky Ali#6343). Sharing is caring, Thank you hive family ♥ |