Frozen Bank Account – What Should I Do Now?

Let me tell you a story about Joe.

Joe works for a multi-national drill-making company. He was recently put in charge of an operation happening in Latin America. To make a good impression, he decides to take the first flight abroad and meet his contractors in Brazil.

He decides to travel light. He packs his bag with the necessary essentials, grabs his credit card and wallet, and leaves for the airport. Upon reaching Brazil, he calls a taxi and gives directions to his hotel.

On the way, he decides to transfer some amount from his bank to his wife’s account. Upon entering his account credentials, he waits for the screen to take him to his online banking account. Instead, it shows him an error message stating that it has detected suspicious activity.

Frozen Bank Account

Joe reads the message and feels a mixture of emotions. He feels irritated because he wasn’t able to access his account and would probably have to enter his credentials again. He also feels worried. What if someone did try to access his account? Did he steal anything? He tries again and is shown the “Account Frozen” message.

A lot of things pour into Joe’s mind. Why was his account frozen? Did he fail to pay his taxes on time? Or did he accidentally perform an illegal activity through his account and now the government was after him? What did he do wrong?

In the meantime, he also worries about his business trip. He didn’t keep much cash in his wallet, and he’d only have enough cash for a single-day stay at the hotel.

Frozen Bank Account

He tries to remember if any of his acquaintances live nearby and realizes that apart from the contractors he is about to meet, no one else is an acquaintance. And he didn’t even want to consider a scenario where he’d have to ask the contractors for some money.

Joe is well and truly stuck!

It’s Common to Find Bank Account Frozen due to Suspicious Activity

Now imagine if you were in Joe’s shoes. Finding yourself locked out of your bank account is more common than you think. This usually happens when you travel abroad, or when you are making a booking at a foreign location.

Let us analyze why, and when do banks lock you out from your account.

Why Do Banks Lock You Out?

Whenever you start surfing on the internet, any web page that you interact with can see your IP address. In case you’re not aware, your IP address happens to contain important information about you. This includes your current location on the map.

This means that if you are somewhere in Detroit, any website that you visit would receive this information next to your IP address.

Like any other website, banks too can see your present location when you try to access your bank account. And unless you’ve been living under a rock, banks put great focus on the security of your bank account. This is why they’d find it very suspicious if your account is accessed from a foreign location.

The same happens when you try to use your ATM, or credit card from a foreign location. Your bank would immediately flag this as suspicious activity and would most probably block you from accessing your account.

How Do You Know if Your Bank Account is Frozen?

It’s easy. If you’re unable to access your account despite several attempts, there are high chances that your account has been frozen. You’ll probably see a message on your screen that says: “Suspicious Activity Detected.”

If your account is frozen, you won’t be able to use your ATM and Credit/Debit cards as well. Each time, you’ll see an error message on the screen, and any transaction that you make will fail to process.

How Long Can a Bank Account be Frozen?

That depends on how quickly you can take action. Bank Accounts usually stay frozen until the misunderstanding between you and your bank is cleared.

The best thing to do is to contact your bank immediately and try to diffuse any misunderstandings. You will probably be asked some questions, and once your bank is satisfied, it would unfreeze your account and you will be able to access and use it.

Here’s What You Can Do to Avoid a Frozen Bank Account?

Frozen Bank Account

The best way to avoid getting locked out of your account is to inform your bank of your intention to travel. You can call your bank and inform them of your intentions. Or you can set up an alert online via your banking app so that your bank knows that you’d be traveling to a foreign location soon.

But in case you’re too lazy to call your bank each time you travel abroad, what you can do instead is to get a VPN. A good VPN service can easily help you avoid a frozen bank account. But how does it do that? Let’s find out.

How a VPN helps?

Frozen Bank Account

VPN is a tool that helps you change your IP location on the web. As mentioned above, your IP address is critical for banks to analyze where you’re located. With a VPN, you can easily control your IP location and avoid any misunderstandings that can happen between you and your bank.

For instance, if you’re traveling to a foreign location, and you forgot to inform your bank of your intentions to travel, then it is best that you connect to your home location via a VPN and then make any transactions. This way, your bank won’t spot anything suspicious in your transaction and would allow it to process.

This method is not just helpful in avoid a frozen bank account, it would also help you make PayPal transactions in foreign countries without seeing your account getting blocked.

PayPal gets especially suspicious when you login to your account from a foreign location. If your account gets blocked, it would take forever to unblock it. Using a VPN is a safe and convenient bet in this case.

And if you are especially concerned about the security of your account, but you don’t want to have a frozen bank account, then you can get a dedicated IP address instead.

As its name suggests, a dedicated IP address is a unique IP that would be under your own use only. Normal IP addresses have the habit of changing, but a dedicated IP address would stay the same and only you’d be allowed to use it.

This makes it a healthy and safe way for you to keep accessing your banking services online without risking the security of your account. And you would also be able to avoid having a frozen bank account to deal with!

Don’t Be Like Joe, Get a VPN

Frozen Bank Account

Joe is in a hopeless situation. His bank accounts are frozen, and he would have to spend hours calling his banking representative to unfreeze his account. There’s no way to save Joe from the frustration that is about to come his way.

But you can save yourself from getting into this situation by getting PureVPN today. Why PureVPN? Because the service offers connectivity to one of the largest server networks and 300,000+ IP addresses, giving you the freedom to connect to any location you want. Moreover, you can get your own dedicated IP address through PureVPN and avoid any online banking security risks.

So don’t be like Joe, and get PureVPN today to enjoy a frustration-free life.

Sheheryar Ahmed Khan is a privacy enthusiast, currently affiliated with PureVPN. His reporting covers subjects related to online privacy, anonymity, and security. Also a believer in online freedom, Sheheryar likes to spend his free time streaming football matches and TV shows online.

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