Has your bank account ever been limited with funds inside?

[Ratine]

It had happened to me on multiple times now. My account had been staying without nothing for years.

 

[stan358]

Most times it is something that occurs often with the banking systems. Sometimes when there are some upgrades, customers could be asked to update their details..

 

[Stardom22]

For me my bank account always stays without money because l no longer have a pay chaque.

 

[timewo]

Till date I have not faced any problem with the bank funds, though I my FDs were robbed by government agencies without a court order or legally valid reason. I struggled to get the money, and the government still refuse to give back some of my money. Now they are trying to steal my mutual fund investments.

 

[Hate2Wait]

This happened just once and it was due to my banks policy so it was not my fault and I am sure I won't face this issue again

 

[Ratine]

I can say that l have once left my Bank account very dormant for that matter.

 

[Hate2Wait]

Banks have these weird rules and some wants us to complete the in person Kyc Or online kyc at least once in 6 months or a year

 

[Ratine]

All in all l have been facing the financial constraints about the finances for that sure.

 

[Rubz]

Yes, my bank account has been with limited funds numerous times. Especially when i wasn't working online and i had to depend on my parents for money all the time as a student.

 

[Hate2Wait]

It's mostly because of the Know your customer thing and if we keep that maintained then we don't have to bother with it

 

[Stardom22]

Of course yes. That was something that was very obviously. Most of the times the ATM machine would not be working when there is no money.

 

[Kera]

My bank account has not been limited before. I have just one account and it is properly documented from the start.

 

[Hate2Wait]

It happened only once and for a few days only but I learned now and would not face this issue every again

 

[Passiveearner]

I never use bank accounts in the first place because banks usually use customer's funds to give out loans and earn interest, which is a really bad thing.

 

[cherry123]

Good that it has never happened to me. I don't like to have issues with my bank account

 

[Hate2Wait]

We need to keep our account operative and then we won't face any such issues and should follow all the banking rules too

 

[Passiveearner]

Your bank may impose limitations in your account when you do not provide them with full and complete documentation. However, they initially ask for each and every thing they need.

We need to keep our account operative and then we won't face any such issues and should follow all the banking rules too

 

[Hate2Wait]

Banks are making it obligatory for its customers to operate their account and if they don't then after some time they will mark these as inoperative so its best to keep these operating

 

[Passiveearner]

In the recent years, many banks have increased their restrictions due to many reasons. Banking fraud is one of the many reasons why banks have to implement strict rules.

Banks are making it obligatory for its customers to operate their account and if they don't then after some time they will mark these as inoperative so its best to keep these operating

 

[Hate2Wait]

These days most of the banks have these conditions so in case you don't operate your account for a certain period of time then it'll be tagged inoperative