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The Times of India·India

Why banks freeze accounts after linked transfers

Summarised by Spiced Kopi · ·10 sec listen

Why banks freeze accounts after linked transfers

Accounts can be frozen after accidental transfers are linked to cybercrime. India’s new restoration and grievance systems let customers seek release through designated channels, where bank and police officers review transactions and evidence that funds are legitimate.

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This card is an AI-assisted summary of reporting published by The Times of India. Read the original report before relying on it for medical, legal, financial, safety, or emergency decisions.