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How long can a bank freeze funds because of large withdrawal setting off alerts?
On Friday, I withdrew roughly 13K from an ATM. After doing this, I found out that Chase had blocked my account because of the atypical size of the withdrawal through the ATM. I need to withdraw an additional 12K and was told at the local branch that my card was being blocked by their system- from cash advances and from all activity. I need to know how long this will remain frozen and if there is anything that I can do to expedite the process? I am purchasing a vehicle from an independent seller, and, need to get it done... Thanks in advance.
1 Answer
- Anonymous1 decade agoFavorite Answer
Get to the bank manager. It is your money and you can get it. Their action is to protect you from fraud, but you can convince them you want your money. Do it in person.