Freeze, Stop-Pay, and Account Controls
Chinese source: 冻结止付与账户控制
Locale: en-US
Audience: Internal learning
Key Terms
| Chinese | English | Usage Note |
|---|---|---|
| 冻结 | Freeze | Use place a freeze for the action. |
| 止付 | Stop-Pay / Payment Stop | The exact wording depends on the system behavior. |
| 冻结类型 | Freeze Type | Determines how transactions are restricted. |
| 冻结原因编码 | Freeze Reason Code | Explains why the freeze exists. |
| 账户限制状态 | Account Restriction Status | The displayed effect of one or more controls. |
Concept
Freeze and stop-pay controls restrict account transaction capability. They do not necessarily close the account or change ownership. The account still exists, but funds or transaction directions are restricted.
text
Freeze/stop-pay = the account still exists, but funds or transaction capability are restricted.These controls affect available balance, transaction eligibility, account closure, time deposit withdrawal, and whether release, renewal, or special approval is needed.
Freeze vs. Account Status
A freeze may affect account status or restriction status, but it is not the only source of restriction. Restrictions may also come from restriction codes, legal debits, risk controls, product rules, lost/stolen status, stop-pay, closure status, or regulatory actions.
| Object | Reading |
|---|---|
| Freeze transaction | The action that places a freeze, such as [2001] Account Freeze. |
| Freeze type | The control form, such as amount freeze or direction control. |
| Freeze reason code | Why the freeze exists, such as pledge, certificate of deposit, AML, or other. |
| Restriction status | The status shown on inquiry pages after controls are applied. |
| Special operation record | The history used to trace freeze, release, renewal, and legal debit actions. |
Control Types
| Control Type | Meaning | Focus |
|---|---|---|
| Amount freeze | Freezes a specified amount; the rest may remain available. | Frozen amount, available balance, partial withdrawal. |
| Full freeze | Controls the full account or a full category of funds. | Whether all funds, closure, and withdrawal are blocked. |
| Direction control | Allows or blocks inbound/outbound directions. | Whether credits, debits, or both are restricted. |
Risk Controls
- A freeze affects customer fund rights and must have a clear business basis.
- Freeze type and freeze reason code must match.
- Amount freezes require careful checking of frozen amount, ledger balance, and available balance.
- Expiration date matters for release, renewal, or automatic expiry.
- Release and renewal must trace back to the original freeze record.
- Legal, pledge, AML, and collateral-related controls require stricter policy and authorization handling.