How long can a bank legally freeze an account for "suspicious activity" activity and what documentation of why the funds were frozen should be provided by the bank?

Thank you.

Depneds on exactly what the suspicious activity was... is it a couple checks written outside the normal habits of the customer... or are we talking DHS ordered freeze over possible money laundering issues?

We're talking the police in another city that froze our accounts to give them time to apprehend the person that stole a check from me a year ago. All of our accounts have been frozen for the last 5 days and we have seen no court order or documentation from either the bank or the detective working on the case.

The bank didn't close that account and reopen one a new one under a different number? Or at least offer that option top you last year? That's a standard practice in cases of a theft like that at at least some banks. One you should consider.

And flag the old account that was closed with a fraud alert.

No the bank did not nor did they offer it and we will definitely do that this time. Thank you very much for your help!

Hello m:

If the cops froze YOUR account, they didn't do it because they're simply investigating... They're investigating YOU. Get a lawyer.

excon