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Bank Account Freeze

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asked on Aug 2, 2022 at 13:17
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Hello,

Just new here. Just want to ask.

Ill just notice im declared bankrupt when 1 of my allowance payee want to transfer money to my maybank account, said the account in active. and i do my further checking with maybank, my account freeze due to arahan from insovensi.

my question is, i have few more banks account with different purposes. How long until this all banks accounts also will be freeze?
1. Public bank (other part time pay)
2. Alliancce bank (my salary pay)

and i already call insolvensi to confirm my status, yes im declare bankrupt on 26 may 2022. My maybank account active with money in and out until these 2 or 3 days. Just how long until my other 2 banks account will be freeze as well?

the insolvensi also cannot confirm when the banks will do so. 

and btw, my appointment with insolvensi only on coming 30th august, from there she said im only can open 1 account only. Please help, any estimation on how long those banks will froze my accounts?

thanks.
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answered on Aug 4, 2022 at 00:05
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they say no need to inform employer
It all depends on whether there is a bankruptcy clause stated in your current employment contract with the company.

If there is, if discovered, you can be terminated without any compensation.

It also depends on the nature of your work. 
Companies do perform periodic security background checks on executives.

Examples are :
Benks
Cash transit operators
Goldsmith Shops
IT execs maintaining DATA Servers
etc.. etc..
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answered on Aug 9, 2022 at 13:25
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@ jeff005

noted.

btw how about digital bank/ wallet?.. such as, Touch n go, big pay etc etc. possible freeze as well??
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answered on Aug 9, 2022 at 14:02
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edited Oct 21, 2022 at 19:18
 
Touch n go, big pay etc etc. 
Seizure is only on Financial Institutions linked to Bank Negara Malaysia. Many bankrupts utilize these e-Wallets for minor daily transactions. Use close friend relatives names. Online selling is very common nowadays. I'm just starting to do online just to tide me thru this bad time.

I am blacklisted for last 20 years by various banks, however I just managed to open a joint name account recently with MBB (MBB blacklisted me 20 years ago - other issues not credit cards).
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