What is an account?

Bank account contains funds that have been deposited in the bank and are associated with a specific account holder, and it may be a check -up account, a savings account, a cash market account or a time deposit. The funds on the account are funds that have been credited with the account holder and are subject to the withdrawal of an account that is sometimes, but not always, a depositor. For example, the account holder may not be a depositor in cases of direct deposit according to his work or wire transfer. The account is a limitation of the use of funds deposited to the account. Other industries offering a loan line can use the term Hold Hold to refer to accounts from which the orders will not be accepted until the money is collected.

The account is a limitation that can be included in the entire or part of the funds in the bank account. The account holds, limits the access owner of the account to the resources, Časton for a short time, sometimes longer. There are several situations that can result in being charged.

There are several situations in which the entire account can be detained. This can happen if the account is bound as a loan collateral. The account throughout the account or even in all accounts of the person may occur if the accounts were included in the local or national tax authority or court order. Other reasons for the whole account include the suspicion of banking officials that identity has occurred, or that the transaction violates the money laundering regulations. Another reason is that the bank officials have a reason to believe that the funds cannot be collected.

A more common type Hold that only affects the account of the account is the type of account known as check. This is Normally to maintain several days, while the check deposited to the account passes through the bank's cleaning cycle. Funds are often available on the second day after the deposit, when the bank is drawn by the locals, but lasts longer if it is non -lump but in the country. In the case of a foreign bank involved may be ÚRecounts staying longer.