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Why Would A Bank Account Be Frozen?

Apr 8 2019 | Litigation

by Paul Britton

by Paul Britton

Director and Solicitor

In this article

Why would the bank freeze my money?

So that tells you a little about a Suspicious Activity Reports, but why would the bank freeze your money? Banks use automated systems that monitor bank account usage.

As a criminal defence solicitor I have seen scenarios where clients receive regular payments into their bank account (i.e. your salary, of let’s say, £2000). They are then suddenly, perhaps gifted some early inheritance, the sum of £100,000. This would then trigger an alert at the bank and a human would review that alert.

If the £100,000 came from a relative with the same surname as you, then it is unlikely to generate a Suspicious Activity Reports. However, if the money came from one of the countries on a bank ‘watch list’, for example Nigeria, then it is extremely likely to be investigated further and you may want to instruct a criminal defence solicitor to begin liaising with the bank.

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