Received SMS from bank that all my accounts will be frozen. Is is true? Can a bank do that?

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asked on Mar 11, 2016 at 23:16
edited on Apr 26, 2016 at 01:53
I have a question that this morning I received a short message (SMS) from a bank (I assumed because no name on the message) informing that all my savings and current account will be frozen.

Can they freeze all my bank accounts only informed with a SMS? Because I had bad debts with few banks and I couldn't make the payments cause I'm only with a part time job with small earning which can only support my daily expenses. Another question is that can they freeze my other bank accounts which is debt free?
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2 Answers

answered on Mar 18, 2016 at 04:40
Don't believe in lies from Debt Collectors.
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answered on Apr 20, 2016 at 17:45
I think that SMS is a fraud. If I am not mistaken, the SMS says that you are required to do this and that things so you need to give your particulars to them including identity card number, etc. Ignore the SMS. As far as when situation like this occurs, bank will not inform you through sms. You will only realize your account frozen when you can't perform transaction properly. That's when you need to check with them personally.
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